# The Bank Recovery and Resolution (Amendment) (EU Exit) Regulations 2020, Regulation 118: Non-preferential debts in bankruptcy proceedings


Article 300 (priority of debts) applies as if in paragraph (3A)—
(a) in sub-paragraph (c), “and” were omitted;
(b) after sub-paragraph (d) there were inserted—
“and
(e) the bankrupt’s tertiary non-preferential debts are to be paid in priority to the bankrupt’s quaternary non-preferential debts.”.

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Source: https://www.legislation.gov.uk/ukdsi/2020/9780348213676/regulation/118 (the official version)
Page: https://openlegislation.uk/draft-bank-recovery-and-resolution-amendment-eu-exit-regulations-2020/regulation-118
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.