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Section 102

Contributions, etc., due to Organization to have priority over other debts

of Employees' Social Security Act 1969

ActIn forceProvision 142 of 207
Section 102

There shall be deemed to be included among the debts which, under any written law relating to insolvency in force in the country, are in the distribution of the property of the insolvent or in the distribution of the assets of a company being wound up, to be paid in priority to all other debts, the amount due in respect of any contribution or any other amount payable under this Act the liability wherefor accrued before the date of the order of adjudication of the insolvent or the date of the winding up.

Exercise of powers and functions of the Organization