PART 3Miscellaneous amendments of the Insolvency Rules

Amendment of Part 14 of the Insolvency Rules

62.—(1) Rule 14.29 (individual notices to creditors etc. of intended dividend or distribution) is amended as follows.

(2) For paragraph (2) substitute—

(2) Paragraph (2A) applies where the intended dividend is only for one or both of the following—

(a)preferential creditors, or

(b)creditors in respect of a debt which is a moratorium debt or a priority pre-moratorium debt within the meaning given by section 174A..

(3) After paragraph (2) insert—

(2A) Where this paragraph applies the office-holder is only required to deliver the notice to those creditors referred to in sub-paragraph (2)(a) or (b) for whom the dividend is intended..