PART 5CLAIMS BY AND DISTRIBUTIONS TO CREDITORS

CHAPTER 3Distribution to creditors

Admission or rejection of proofs following last date for proving5.30

1

Unless the education administrator has already dealt with them, the education administrator must within 14 days of the last date for proving set out in the notice under rule 5.26—

a

admit or reject (in whole or in part) proofs delivered to the education administrator; or

b

make such provision in relation to them as the education administrator thinks fit.

2

The education administrator is not obliged to deal with a proof delivered after the last date for proving, but the education administrator may do if the education administrator thinks fit.

3

In the declaration of a dividend a payment must not be made more than once by virtue of the same debt.