Schedule B1, paragraph 83(1)

This paragraph applies in England and Wales where the administrator of a company thinks— that the total amount which each secured creditor of the company is likely to receive has been paid to him or set aside for him, and that a distribution will be made to unsecured creditors of the company (if there are any) which is not a distribution by virtue of section 176A(2)(a).

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Source: legislation.gov.uk · retrieved 2026-09-04