113Certain debts to have priority

#### 113 Certain debts to have priority 113 Certain debts to have priority > In the winding up of corporation under the [Corporations Act 2001](http://www.legislation.gov.au/) of the Commonwealth (as applied to the winding up by section 74A), a debt referred to in section 118 (8) or (10) shall, if it is unsecured, be paid in priority to all other unsecured debts of the corporation. > > **s 113:** Am 2001 No 34, Sch 1.5.