Schedule 8, Part 3, paragraph 44

Where Article 148A of the Insolvency (Northern Ireland) Order 1989 applies, the moratorium debts and pre-moratorium debts mentioned in paragraph (2)(b) of that Article are payable in the following order of priority— amounts payable in respect of goods or services supplied during the moratorium under a contract where, but for Article 197B(3) or (4) of that Order, the supplier would not have had to make that supply; wages or salary arising under a contract of employment; other debts or other liabilities apart from the monitor's remuneration or expenses; the monitor's remuneration or expenses. In this paragraph “wages or salary” has the same meaning as in Article 13D of the Insolvency (Northern Ireland) Order 1989.

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