# The Insolvency (Northern Ireland) Order 1989, Paragraph 66


(1) If the assets of a company are sufficient to meet any debts or other liabilities payable under paragraph 65A in full, the administrator of the company may make a distribution to any other creditor of the company.
(2) Articles 149 and 150ZZA shall apply in relation to a distribution under this paragraph as they apply in relation to a winding up.
(3) A payment may not be made by way of distribution under this paragraph to a creditor of the company who is neither secured nor preferential unless the High Court gives permission.

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Source: https://www.legislation.gov.uk/nisi/1989/2405/schedule/B1/paragraph/66 (the official version)
Page: https://openlegislation.uk/insolvency-northern-ireland-order-1989/schedule-B1/paragraph-66
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

