The Insolvency (Northern Ireland) Order 1989 No. 2405 (NI. 19)

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.

9.  So much of any amount which— N.I.

(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.