PART 10

Claims, dividends and distribution etc.

Submission and adjudication of claims

Adjudication of claims: review and appeal
127
1
The debtor or any creditor may apply to AiB for a review of—
a
the acceptance or rejection of any claim, or
b
a decision in respect of any matter requiring to be specified under section 126(7)(a) or (b).
2
The debtor may make an application under subsection (1) only if the debtor satisfies AiB that the debtor has, or is likely to have, a pecuniary interest in the outcome of the review.
3
Any application under subsection (1) must be made, in the case of a review relating to an acceptance or rejection—
a
under subsection (1) of section 126, within 14 days beginning with the day of the decision to accept or reject the claim, and
b
under subsection (3) of that section, within 28 days beginning with that day.
4
If an application under subsection (1) is made, AiB must—
a
take into account any representations made by an interested party within 21 days beginning with the day on which the application is made, and
b
confirm, amend or revoke the decision within 28 days beginning with that day.
5
The debtor or any creditor may, within 14 days beginning with the day of a decision by AiB under subsection (4)(b), appeal to the sheriff against that decision.
6
The debtor may appeal under subsection (5) only if the debtor satisfies the sheriff that the debtor has, or is likely to have, a pecuniary interest in the outcome of the appeal.
S. 127 in force at 30.11.2016 by S.S.I. 2016/294, reg. 2