Regulation 80
Admission and rejection of proofs for purpose of voting
of Variable Capital Companies (Winding Up and Receivership) Rules 2026
Subsidiary LegislationIn forceProvision 80 of 163
Regulation 80
Subregulation 1
The chairperson has power to admit or reject, in whole or in part, a proof for the purpose of voting, but the chairperson’s decision is subject to appeal to the Court.
Subregulation 2
If the chairperson is in doubt whether a proof is to be admitted or rejected, the chairperson must mark the proof as objected to and allow the creditor to vote, subject to the vote being declared invalid in the event of the objection being sustained.