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Rule 4.229 Winding up commencing as voluntary

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

In a winding up by the court which follows immediately on a voluntary winding up (whether members' voluntary or creditors' voluntary), such remuneration of the voluntary liquidator and costs of the voluntary liquidation as the court may allow are to rank in priority with the expenses specified in Rule 4.228(1)(a).

[E.R.4.219]