50Priority payments

#### 50 Priority payments 50 Priority payments > Subject to this Part, in the winding up of a liable entity on or after the finalisation day the following claims outstanding against the liable entity at that day must be paid in priority to all other claims— > > > (a) first, expenses (except deferred expenses) properly incurred by the SPF trustee in preserving, realising or getting in property of the liable entity, or in carrying on the liable entity’s business, > > > (b) next, the costs in respect of an application to the Supreme Court under section 51 or 52, > > > (c) next, operating expenses of the entity, > > > (d) next, payable liabilities other than those referred to in paragraph (c), > > > (e) next, claims for the payment of liabilities (other than payable liabilities).