PART 14E+WCLAIMS BY AND DISTRIBUTIONS TO CREDITORS IN [F1A MORATORIUM,] ADMINISTRATION, WINDING UP AND BANKRUPTCY

Textual Amendments

CHAPTER 2E+WCreditors' claims in [F2a moratorium,] administration, winding up and bankruptcy

Costs of provingE+W

14.5.  Unless the court orders otherwise—

(a)each creditor bears the cost of proving for that creditor's own debt, including costs incurred in providing documents or evidence under rule 14.4 (3);

(b)in an administration or winding up, costs incurred by the office-holder in estimating the value of a debt under rule 14.14 are payable out of the assets as an expense of the administration or winding up; and

(c)in a bankruptcy, costs incurred by the office-holder in estimating the value of a debt under section 322(3) fall on the bankrupt's estate as an expense of the bankruptcy.

Modifications etc. (not altering text)