The Banks and Building Societies (Depositor Preference and Priorities) Order 2014
Write the words of this act the way you think they should read. Solon shows your change as a redline against the published text and pins it to that exact text, so it can never be applied to wording you did not see.
Change 1
20 Categories of preferential debts
(1) Article 346 of the Insolvency (Northern Ireland) Order 1989 (categories of preferential debts) is amended as follows. (2) In paragraph (1), after “steel production” insert “; deposits covered by the Financial Services Compensation Scheme; other deposits”. (3) After paragraph (1), insert— (1A) A reference in this Order to the “ordinary preferential debts” of a company or an individual is to the preferential debts listed in any of paragraphs 8 to 18 of Schedule 4 to this Order. (1B) A reference in this Order to the “secondary preferential debts” of a company or an individual is to the preferential debts listed in paragraphs 19 or 20 of Schedule 4 to this Order. .
20 Categories of preferential debts
(1) Article 346 of the Insolvency (Northern Ireland) Order 1989 (categories of preferential debts) is amended as follows. (2) In paragraph (1), after “steel production” insert “; deposits covered by the Financial Services Compensation Scheme; other deposits”. (3) After paragraph (1), insert— (1A) A reference in this Order to the “ordinary preferential debts” of a company or an individual is to the preferential debts listed in any of paragraphs 8 to 18 of Schedule 4 to this Order. (1B) A reference in this Order to the “secondary preferential debts” of a company or an individual is to the preferential debts listed in paragraphs 19 or 20 of Schedule 4 to this Order. .
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