# The Bank Insolvency (England and Wales) Rules 2009, Rule 261: Costs, expenses, etc.

Extent: E+W

(1) All fees, costs, charges and other expenses incurred in the course of bank insolvency, except for any money paid by the FSCS to eligible depositors in pursuance of Objective 1, and any expense incurred by the FSCS in this process, are to be regarded as expenses of the bank insolvency.
(2) The costs associated with the prescribed part shall be paid out of that prescribed part.

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Source: https://www.legislation.gov.uk/uksi/2009/356/rule/261 (the official version)
Page: https://openlegislation.uk/bank-insolvency-england-and-wales-rules-2009/rule-261
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.