Schedule B1, paragraph 96(4)
IA 1986
Insolvency Act 1986 · United Kingdom
Sub-paragraph (3) shall have effect in relation to Scotland as if the following were substituted for paragraph (a)— it has priority of ranking in accordance with section 464(4)(b) of the Companies Act 1985 (c. 6), ".
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Source: legislation.gov.uk · retrieved 2026-09-04