PART 16ORDER OF PAYMENT AS TO COSTS, ETC. OUT OF ASSETS
General rule as to priority170
1
Apply rule 4.22816 of the 1991 Rules.
2
In paragraph (3)—
a
Delete sub-paragraphs (a)(iii) and (iv), (b), and (d);
b
in sub-paragraph (c) delete the words from “or Article 361A” to “regulations”; and
c
in sub-paragraph (la), delete the words from “in any case” to “examination”.
Litigation expenses and property subject to a floating charge-general application171
Apply rule 4.228A17 of the 1991 Rules.
Litigation expenses and property subject to a floating charge-requirement for approval or authorisation172
Apply rule 4.228B of the 1991 Rules.
Litigation expenses and property subject to a floating charge-request for approval or authorisation173
Apply rule 4.228C of the 1991 Rules.
Litigation expenses and property subject to a floating charge-grant of approval or authorisation174
Apply rule 4.228D of the 1991 Rules.
Litigation expenses and property subject to a floating charge-application to court by the bank liquidator175
Apply rule 4.228E of the 1991 Rules.
Saving for powers of the court176
Apply rule 4.230 of the 1991 Rules.