SCHEDULES
C1C2SCHEDULE 6 The Categories of Preferential Debts
Sch. 6 applied (with modifications) (17.2.2009 for certain purposes, otherwise 21.2.2009) by Banking Act 2009 (c. 1), ss. 145, 263(1)(2) (with s. 247); S.I. 2009/296, arts. 2, 3, Sch. para. 3
Interpertation for Category 5
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1
This paragraph relates to a case in which a person’s employment has been terminated by or in consequence of his employer going into liquidation or being adjudged bankrupt or (his employer being a company not in liquidation) by or in consequence of—
a
a receiver being appointed as mentioned in section 40 of this Act (debenture-holders secured by floating charge), or
b
the appointment of a receiver under section 53(6) or 54(5) of this Act (Scottish company with property subject to floating charge), or
c
the taking of possession by debenture-holders (so secured), as mentioned in F1section 754 of the Companies Act 2006 .
2
For the purposes of paragraphs 9 to 12, holiday remuneration is deemed to have accrued to that person in respect of any period of employment if, by virtue of his contract of employment or of any enactment that remuneration would have accrued in respect of that period if his employment had continued until he became entitled to be allowed the holiday.
3
The reference in sub-paragraph (2) to any enactment includes an order or direction made under an enactment.
Sch. 6 applied (with modifications) (17.2.2009 for certain purposes, otherwise 21.2.2009) by Banking Act 2009 (c. 1), ss. 103, 263(1)(2) (with s. 247); S.I. 2009/296, arts. 2, 3, Sch. para. 2