The Energy Supply Company Administration Rules 2013 No. 1046

PART 7 U.K. Distribution to creditors

CHAPTER 1 U.K. Application of Part and general

Debts of insolvent energy supply company to rank equally U.K.

39.  Debts other than preferential debts rank equally between themselves in the energy supply company administration and, after the preferential debts, must be paid in full unless the assets are insufficient for meeting them, in which case they abate in equal proportions between themselves.