# Companies (Consolidation) Act 1908, Section 196: Costs of voluntary liquidation.


All costs, charges, and expenses properly incurred in the voluntary winding up of a company, including the remuneration of the liquidator, shall be payable out of the assets of the company in priority to all other claims.

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Source: https://www.legislation.gov.uk/ukpga/Edw7/8/69/section/196 (the official version)
Page: https://openlegislation.uk/companies-consolidation-act-1908/section-196
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.