Payment calculation
The payment calculation is as follows:
- Realisations
- less: Realisation Charge Liability
- less: Trustee Fees (Including controlling trustee fees)
- less: Cost/Provisions
- less: Fees to pay
Equals: Funds available for distribution.
Funds available for distribution will be paid to each creditor on a prorated basis based on the percentage of the Admitted amount when compared to the total of all claims for that administration.
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