Debts of institution to rank equallyE+W
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117. Debts, other than preferential debts, rank equally between themselves in the special administration and, after the preferential debts, must be paid in full unless the assets are insufficient for meeting them, in which case they abate in equal proportions between themselves.
Commencement Information
I1Rule 117 in force at 12.11.2021, see rule 2