§ 72. Mr. James Whiteasked the Secretary of State for Trade and Industry what arrangements are made for which he is responsible for holiday pay payments in the event of a company going into Liquidation; and who is responsible for the payments.
§ Mr. RidleyUnder Section 319 of the Companies Act, 1948, certain claims must be given preferential treatment in a winding up. They include claims in respect of holiday pay. The liquidator is responsible for payment.