The Payment and Electronic Money Institution Insolvency (England and Wales) Rules 2021 No. 1178

PART 5 E+W Relevant funds claims

Admission and rejection of relevant funds claim E+W

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

I1 Rule 106 in force at 12.11.2021, see rule 2