The Insolvency (England and Wales) Rules 2016

[F1Priority of moratorium debts in subsequent administrationE+W

This adran has no associated Memorandwm Esboniadol

3.51A.  Where paragraph 64A(1) of Schedule B1 applies, the moratorium debts and priority pre-moratorium debts mentioned in paragraph 64A(2) of that Schedule are payable in the following order of priority—

(a)amounts payable in respect of goods or services supplied during the moratorium under a contract where, but for section 233B(3) or (4), the supplier would not have had to make that supply;

(b)wages or salary arising under a contract of employment, so far as relating to a period of employment before or during the moratorium;

(c)other debts or other liabilities apart from the monitor’s remuneration or expenses; and

(d)the monitor’s remuneration or expenses.]

Textual Amendments

Modifications etc. (not altering text)