CTHIn ForceLegislation
Insolvency Practice Rules (Bankruptcy) 2016
42‑140 Advice relating to dividends and 42‑140 Advice relating to dividends and administration
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42‑140 Advice relating to dividends and administration
A registered trustee must, when distributing dividends to the creditors of a regulated debtor, advise creditors about whether: (a) further dividends are expected to be distributed; or (b) the administration is finalised.