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Paragraph 10 Modifications of the Insolvency Rules (Northern Ireland) 1991

(1)

Rule 4.190(1) of the Insolvency Rules (Northern Ireland) 1991 M1 (debts of insolvent company to rank equally) shall apply only after payment has been made of the claims of relevant persons.

(2)

Rules 2.068, 4.228 and 4.229 of the Insolvency Rules (Northern Ireland) 1991 (priority of expenses) shall apply to an owner subject to the provisions of regulation 29.

Annotations

Marginal citations

M1

S R. 1991 No.364.