PART 7Distributions to creditors
CHAPTER 3Quantification of claims
Notice of declaration of a dividend146
1
Where the administrator declares a dividend, the administrator must give notice of such declaration to—
a
all creditors who have proved their debts, and
b
the FCA.
2
A notice under paragraph (1) must include the following particulars—
a
amounts raised from the sale of assets, indicating (so far as practicable) amounts raised by the sale of particular assets,
b
payments made by the administrator when acting as such,
c
where the administrator proposed to make a distribution to unsecured creditors, the value of the prescribed part, except where the court has made an order under section 176A(5) of the IA 1986,
d
provision (if any) made for unsettled claims, and funds (if any) retained for particular purposes,
e
the total amount of dividend and the rate of dividend, and
f
whether, and if so when, any further dividend is expected to be declared.