SCHEDULES
SCHEDULE 4Moratoriums in Great Britain: temporary provision
PART 3Temporary rules: England and Wales
Priority of moratorium debts etc in subsequent administration
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(1)
Where paragraph 64A(1) of Schedule B1 to the Insolvency Act 1986 applies, the moratorium debts and pre-moratorium debts mentioned in paragraph 64A(2) of that Schedule are payable in the following order of priority—
(a)
amounts payable in respect of goods or services supplied during the moratorium under a contract where, but for section 233B(3) or (4) of that Act, the supplier would not have had to make that supply;
(b)
wages or salary arising under a contract of employment;
(c)
other debts or other liabilities apart from the monitor's remuneration or expenses;
(d)
the monitor's remuneration or expenses.
(2)
In this paragraph “wages or salary” has the same meaning as in section A18 of the Insolvency Act 1986.