# The Investment Bank Special Administration (England and Wales) Rules 2011, Rule 149: Debts of investment bank to rank equally

Extent: E+W

Debts, other than preferential debts, rank equally between themselves in the special administration and, after the preferential debts, shall 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/2011/1301/rule/149 (the official version)
Page: https://openlegislation.uk/investment-bank-special-administration-england-and-wales-rules-2011/rule-149
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.