Sentences with phrase «sch b1»

This was that it is the nature of the Sch B1 administration that matters and that in law such an administration can not qualify.

The question of law has been whether administration proceedings under Sch B1 of the Insolvency Act 1986 constitute the sort of «analogous proceedings» which activate the exclusion.

Damages for wrongful dismissal are not payable in priority to other expenses pursuant to the Insolvency Act 1986, Sch B1, para 99 (4) to (6), since a payment in respect of the period after the date of termination of employment can not amount to «wages» but rather is a payment by the employer on account of the employee's claim for damages for breach of contract.

The «expenses» have a privileged status (para 99, Sch B1, IA 1986), and they have to be paid by the administrator in priority to all of the claims of the mainstream creditors.

Because the tenant is in administration, the landlord first needs the consent of either the administrator or the court in order to forfeit, even by peaceable re-entry (para 43, Sch B1, Insolvency Act 1986 (IA 1986)-RRB-.