{
  "url": "https://openlegislation.uk/postal-administration-rules-2013/rule-40",
  "json_url": "https://openlegislation.uk/postal-administration-rules-2013/rule-40.json",
  "legislation": "uksi/2013/3208",
  "legislation_title": "The Postal Administration Rules 2013",
  "legislation_url": "https://openlegislation.uk/postal-administration-rules-2013",
  "path": "rule/40",
  "kind": "rule",
  "number": "40",
  "heading": "Debts of insolvent company to rank equally",
  "text": "Debts other than preferential debts rank equally between themselves in the postal 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.",
  "extent": "E+W",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Rule 40 in force at 31.1.2014, see rule 1"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2013/3208/rule/40",
    "retrieved_at": "2026-10-29T00:31:29.914042+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}