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Rule 43 Pre-T&S administration costs

Original text. Later amendments are not shown.

(1)

Paragraph (2) applies where the T&S administrator has made a statement of pre-T&S administration costs under rule 21(2)(k) (matters to be included in statement of proposals).

(2)

The relevant office holder must, before pre-T&S administration costs are paid, apply to the court for a determination of whether and to what extent such costs are approved for payment.

(3)

In paragraph (2) the “relevant office holder” means—

(a)

the T&S administrator, where the costs consist of fees charged or expenses incurred by the T&S administrator;

(b)

another insolvency practitioner, where the costs consist of fees charged or expenses incurred by that practitioner.