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Changes over time for: Section 14


Timeline of Changes
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Version Superseded: 19/03/2024
Status:
Point in time view as at 01/10/2021. This version of this provision has been superseded.

Status
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Changes to legislation:
There are currently no known outstanding effects for the The Insolvency (England and Wales) Rules 2016, Section 14.

Changes to Legislation
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Gazette notice of intended first dividend or distributionE+W
This section has no associated Explanatory Memorandum
14.28.—(1) Subject to paragraphs (2) and (4) where the office-holder intends to declare a first dividend or distribution the office-holder must gazette a notice containing—
(a)a statement that the office-holder intends to declare a first dividend or distribution;
(b)the date by which and place to which proofs must be delivered; and
(c)in the case of a members' voluntary winding up, where the dividend or distribution is to be a sole or final distribution, a statement that the distribution may be made without regard to the claim of any person in respect of a debt not proved.
(2) Where the intended dividend is only to preferential creditors [or creditors in respect of a debt which is a moratorium debt or priority pre-moratorium debt within the meaning given by section 174A] the office-holder need only gazette a notice if the office-holder thinks fit.
(3) The office-holder may in addition advertise such a notice in such other manner (if any) as the office-holder thinks fit.
(4) Paragraph (1) does not apply where the office-holder has previously, by a notice which has been gazetted, invited creditors to prove their debts.
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