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
25 Amendments of Schedule 2 to the Insolvent Partnerships Order (Northern Ireland) 1995
(1) Paragraph 35 of Schedule 2 to the Insolvent Partnerships Order (Northern Ireland) 1995 (provisions of the Order which apply with modifications for the purposes of Article 6 to administration in relation to insolvent partnerships), is amended as follows. (2) In modified paragraph 74(1)— (a) omit the “or” at the end of sub-paragraph (b); (b) after sub-paragraph (b) insert— (bb) would result in an ordinary preferential debt of the partnership being paid otherwise than in priority to its secondary preferential debts, ; (c) in sub-paragraph (c), for “his debt” substitute “an ordinary preferential debt”; (d) at the end of sub-paragraph (c), insert— or (d) would result in one preferential creditor being paid a smaller proportion of a secondary preferential debt than another. .
25 Amendments of Schedule 2 to the Insolvent Partnerships Order (Northern Ireland) 1995
(1) Paragraph 35 of Schedule 2 to the Insolvent Partnerships Order (Northern Ireland) 1995 (provisions of the Order which apply with modifications for the purposes of Article 6 to administration in relation to insolvent partnerships), is amended as follows. (2) In modified paragraph 74(1)— (a) omit the “or” at the end of sub-paragraph (b); (b) after sub-paragraph (b) insert— (bb) would result in an ordinary preferential debt of the partnership being paid otherwise than in priority to its secondary preferential debts, ; (c) in sub-paragraph (c), for “his debt” substitute “an ordinary preferential debt”; (d) at the end of sub-paragraph (c), insert— or (d) would result in one preferential creditor being paid a smaller proportion of a secondary preferential debt than another. .
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