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The Committee notes that the Companies Act (Cap. 388), as amended, and in particular section 346, the terms of which are similar to those of section 2(1) of the Preferential Claims in Bankruptcy Act (No. 9 of 1995), gives effect to the provisions of the Convention.
Part IV of the report form. Further to its previous comments, the Committee once again requests the Government to provide general information on the manner in which the Convention is applied in practice. In particular, it would be grateful if the Government would provide information on the amounts paid to workers whose claims are protected by priority in the context of bankruptcy proceedings.