Regulation 8 Manner of payment

A fee payable to AiB for a function specified in Part 2 of the table of fees is due for payment—

(a)

for item 2 (supervision of sequestration proceedings)—

(i)

at the end of each 12 month period of supervision; or

(ii)

if the trustee is discharged during a 12 month period, in advance of the grant of a certificate of discharge under section 148(5) of the Act;

(b)

for item 8(c) (protected trust deed supervision)—

(i)

at the end of each 12 month period of supervision; or

(ii)

if the trustee is discharged during a 12 month period, in advance of the date of discharge of the trustee under section 186 of the Act;

(c)

for item 12 (election of replacement trustee by trustee vote) on submission of the relevant report to AiB;

(d)

on the application for these services being made to AiB for—

(i)

item 14 (removal of trustee and trustee not acting);

(ii)

item 15 (declaration of office of trustee as vacant);

(iii)

item 16 (replacement of trustee acting in more than one sequestration);

(iv)

item 17 (appointment or reappointment of trustee where newly identified estate);

(v)

item 18 (application by trustee for a direction);

(vi)

item 19 (curing defects in procedure);

(vii)

item 21 (conversion of trust deed into sequestration);

(e)

for item 22 (determination of debtor applications)—

(i)

on the application being made to AiB; and

(ii)

if paragraph 1 of schedule 1 of the Act ceases to apply to the debtor, on receiving a request from AiB for the fee due under item 22(b) taking account of the fee already paid under item 22(a);

(f)

for any other such function, on performance by AiB of that function.