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

PART 7 E+W Distributions to creditors

CHAPTER 3 E+W Quantification of claims

Discounts E+W

131.  All trade and other discounts, except any discount for immediate, early or cash settlement, which would have been available to the institution but for it going into special administration, must in every case be deducted from the claim.

Commencement Information

I1 Rule 131 in force at 12.11.2021, see rule 2