The Smart Meter Communication Licensee Administration (England and Wales) Rules 2020

Postponement or cancellation of dividend

This section has no associated Explanatory Memorandum

77.  The SMCL administrator may postpone or cancel a dividend, if in the period of two months referred to in Rule 73(2)(c) an application is made to the court for the SMCL administrator’s decision on a proof to be reversed or varied, or for a proof to be excluded, or for a reduction of the amount claimed.