Section 379(2)

Winding-up rules may, in particular, make provision for all or any of the following matters— the identification of assets and liabilities; the apportionment, between assets of different classes or descriptions, of— the costs, charges and expenses of the winding up; and any debts of the insurer of a specified class or description; the determination of the amount of liabilities of a specified description; the application of assets for meeting liabilities of a specified description; the application of assets representing any excess of a specified description.

← 1 · All articles · 3 →

Source: legislation.gov.uk · retrieved 2026-09-04