SCHEDULES

C1SCHEDULE 4THE CATEGORIES OF PREFERENTIAL DEBTS

Annotations:
Modifications etc. (not altering text)

Category 5: Remuneration, etc., of employees

9

So much of any amount which—

a

is owed by the debtor to a person who is or has been an employee of the debtor, and

b

is payable by way of remuneration in respect of the whole or any part of the period of 4 months next before the relevant date,

as does not exceed so much as may be specified in an order made by the Department.