Application of Chapter to a particular class of creditors and to distributionsE+W
This
adran has no associated
Memorandwm Esboniadol
14.26.—(1) This Chapter applies where the office-holder makes, or proposes to make, a distribution to any class of creditors other than secured creditors.
(2) Where the distribution is to a particular class of creditors in an administration, a reference in this Chapter to creditors is a reference to that class of creditors only.
Modifications etc. (not altering text)
C1Rule 14.26 applied (with modifications) (19.3.2024) by The Water Industry (Special Administration) (England and Wales) Rules 2024 (S.I. 2024/229), rules 1, 5, Sch. (with rule 2(2))