Article 5.12 Debts of registered providers to rank equallyI1
England and Wales
Debts to registered providers other than preferential debts rank equally between themselves and, after 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.
Annotations
Commencement
- I1
Rule 5.12 in force at 5.7.2018, see rule 1.1