The Building Society Insolvency (England and Wales) Rules 2010

General rule as to priority

This section has no associated Explanatory Memorandum

171.—(1) Apply rule 4.218 of the 1986 Rules(1).

(2) In paragraph (3)—

(a)ignore sub–paragraphs (a)(iii) and (iv), (b), and (d),

(b)in sub-paragraph (c) leave out the words from “or section 415A” to the end,

(c)in sub-paragraph (la), leave out the words from “in any case” to the end.

(1)

Rule 4.218 was amended by S.I. 2008/737.