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Northern Ireland (Miscellaneous Provisions) Act 1932

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6Provisions as to priority in bankruptcy, and c, of Crown debts and certain debts due to Trustee Savings Banks

(1)Notwithstanding any restrictions imposed by the principal Act on the power of the Parliament of Northern Ireland to make laws, that Parliament may, with the consent of the Treasury,—

(a)regulate and restrict the priority which is to be given to Crown debts in the distribution of the property of a bankrupt, arranging debtor or person dying insolvent; and

(b)determine the priority, if any, to be given in the distribution of such property as aforesaid to the debts mentioned in section fourteen of the [26 & 27 Vict. c. 87.] Trustee Savings Banks Act, 1863.

(2)For the purposes of this section, the recital in an Act passed by the Parliament of Northern Ireland that the consent of the Treasury has been obtained shall be conclusive evidence of the fact recited.

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