# The Housing Administration (England and Wales) Rules 2018, Article 5.12: Debts of registered providers to rank equally

Extent: E+W

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.

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Source: https://www.legislation.gov.uk/uksi/2018/719/article/5.12 (the official version)
Page: https://openlegislation.uk/housing-administration-england-and-wales-rules-2018/article-5.12
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.