Rule 14 Amendment of Part 7 of the Insolvency Rules

Rule 7.31 (estate to be distributed in respect of the accounting periods) is amended as follows.

After paragraph (7) insert—

“(7A)

Where section 174A of the Act applies, paragraph (7)(b) shall have effect as if the reference to preferential debts included references to moratorium debts and priority pre-moratorium debts within the meaning given by section 174A. ”.