SCHEDULES

SCHEDULE 4 N.I.THE CATEGORIES OF PREFERENTIAL DEBTS

Modifications etc. (not altering text)

C1 Sch. 4 applied (with modifications) (4.1.2024) by S.I. 2021/716, reg. 37A (as inserted by The Payment and Electronic Money Institution Insolvency (Amendment) Regulations 2023 (S.I. 2023/1399), regs. 1(2), 12)

Category 5: Remuneration, etc., of employees N.I.

12.  So much of any amount which— N.I.

(a) is ordered (whether before or after the relevant date) to be paid by the debtor under the Reserve Forces (Safeguard of Employment) Act 1985F1 , and

(b) is so ordered in respect of a default made by the debtor before that date in the discharge of his obligations under that Act,

as does not exceed such amount as may be specified in an order made by the Department.

F1 1985 c. 17