Citation and commencement

1. These Regulations, which extend to Great Britain, may be cited as the Insolvency (ECSC Levy Debts) Regulations 1987 and shall come into force on 1st January 1988.

Amendment of Insolvency Act 1986

2.—(1)Schedule 6 to the Insolvency Act 1986(3) is hereby amended by the insertion after paragraph 15 of the following paragraph—

“Category 6: Levies on coal and steel production

15A.Any sums due at the relevant date from the debtor in respect of—

(a)the levies on the production of coal and steel referred to in Articles 49 and 50 of the E.C.S.C. Treaty, or

(b)any surcharge for delay provided for in Article 50(3) of that Treaty and Article 6 of Decision 3/52 of the High Authority of the Coal and Steel Community.”(4).

(2) Accordingly in section 386(1) of that Act (construction of references to preferential debts) after “remuneration etc. of employees” there shall be inserted “; levies on coal and steel production”.

(3) The amendment made by paragraph (1) above shall have effect in relation to a debtor whether the relevant date referred to in that amendment is a date falling before or after the commencement of these Regulations, but shall not affect any declaration or payment of a dividend made before that commencement.

Amendment of Bankruptcy (Scotland) Act 1985

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Preferential treatment under former law

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