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PART 7DISTRIBUTION TO CREDITORS

CHAPTER 3Quantification of Claims

Value of security

60.—(1) A secured creditor may, with the agreement of the postal administrator or the permission of the court, at any time alter the value which they have, in their proof of debt, put upon their security.

(2) However, if a secured creditor has voted in respect of the unsecured balance of their debt, they may re-value their security only with permission of the court.