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Companies etc.N.I.

Abolition of Crown preferenceN.I.

6.—(1) The following paragraphs of Schedule 4 to the 1989 Order (categories of preferential debts) shall cease to have effect—

(a)paragraphs 1 and 2 (debts due to Inland Revenue),

(b)paragraphs 3 to 5C (debts due to Customs and Excise), and

(c)paragraphs 6 and 7 (social security contributions).

(2) In Article 346 of the 1989 Order (categories of preferential debts) in paragraph (1) for the parenthetical words after “Schedule 4” there shall be substituted “ (contributions to occupational pension schemes; remuneration, &c. of employees; levies on coal and steel production) ”.

Commencement Information

I1Art. 6 wholly in operation at 27.3.2006, see art. 1(3) and S.R. 2006/21, art. 2 (subject to S.R. 2006/22, arts. 2-7)