175 Preferential debts (general provision)
Insolvency Act 1986 (1986 c 45) | Legislation

Preferential debts

175  Preferential debts (general provision)

(1)     In a winding up the company's preferential debts . . . shall be paid in priority to all other debts [after the payment of—

(a)     any liabilities to which section 174A applies, and

(b)     expenses of the winding up].

[(1A)

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