15. Administration and winding-up: estimate of value of debt

(1) The Office-holder must estimate the value of a debt which, by reason of its being subject to any contingency or for any other reason, does not bear a certain value; and the Office-holder may revise an estimate previously made, if the Office-holder thinks fit by reference to a change of circumstances or to information becoming available to the Office-holder.
(2) The Office-holder must inform the creditor as to the Office-holder's estimate and any revision of it.
(3) Where the value of a debt is estimated under this paragraph 15 or by the Court, the amount provable in the case of that debt is that of the estimate for the time being.