Rule 27 Amendment of Part 3 of the Insolvency Rules

Rule 3.117 (estate to be distributed in respect of the accounting periods) is amended as follows.

After paragraph (5) insert—

“(5A)

Where paragraph 64A of Schedule B1 applies, paragraph (4) and (5) shall have effect as if the reference to preferential creditors and preferential debts included references to moratorium debts and priority pre-moratorium debts within the meaning given by section 174A.”.