The Payment and Electronic Money Institution Insolvency (England and Wales) Rules 2021

Admission and rejection of relevant funds claimE+W

This section has no associated Explanatory Memorandum

106.—(1) The administrator may admit or reject a relevant funds claim in whole or in part.

(2) If the administrator rejects a relevant funds claim in whole or in part, the administrator must prepare a written statement of reasons for doing so, and deliver it as soon as is reasonably practicable to the claimant.

Commencement Information

I1Rule 106 in force at 12.11.2021, see rule 2