Ann: Appendix 3Y - Siegfried Konig, page-85

Under bankruptcy, the Federal government runs a scheme known as the F.E.G scheme in which they will make the payment of outstanding employee entitlements and then seek to claw that back from the company, and in some (rarer) cases, from the directors of the company. However, I do not believe that a consultancy contract would fall under the protection of the FEG scheme. And any preferential payments made by the company (prior to bankruptcy/liquidation) to any creditor - such as the SK consultancy, would be liable to be clawed back by any bankruptcy or liquidation administrator. IMO.