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There are currently no known outstanding effects for the The Insolvency (Scotland) (Company Voluntary Arrangements and Administration) Rules 2018, Section 3.
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3.108.—(1) Where funds are available for payment of a dividend out of the company's assets in respect of an accounting period, the administrator for the purpose of determining who is entitled to such a dividend must—
(a)not later than four weeks before the end of the period, accept or reject every claim submitted or deemed to have been re-submitted under rule 3.105; and
(b)at the same time make a decision on any matter requiring to be specified under paragraph (4)(a) or (b).
(2) On accepting or rejecting, under paragraph (1) above, every claim submitted or deemed to have been re-submitted, the administrator must, as soon as is reasonably practicable, send a list of every claim so accepted or rejected (including the amount of each claim and whether it has been accepted or rejected) to every creditor known to the administrator.
(3) Where the administrator rejects a claim, the administrator must without delay notify the creditor giving reasons for the rejection.
(4) Where the administrator accepts or rejects a claim, the administrator must specify for that claim—
(a)the amount of the claim accepted;
(b)the category of debt, and the value of any security, as decided by the administrator; and
(c)if rejecting the claim, the reasons for doing so.
(5) Any member of the company or any creditor may, if dissatisfied with the acceptance or rejection of any claim (or, in relation to such acceptance or rejection with a decision in respect of any matter requiring to be specified under paragraph (4)(a) or (b)) appeal to the court not later than 14 days before the end of the accounting period.
(6) Any reference in this rule to the acceptance or rejection of a claim is to be construed as a reference to the acceptance or rejection of the claim in whole or in part.
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