{
  "url": "https://openlegislation.uk/financial-market-infrastructure-administration-england-and-wales-rules-2018/article-12",
  "json_url": "https://openlegislation.uk/financial-market-infrastructure-administration-england-and-wales-rules-2018/article-12.json",
  "legislation": "uksi/2018/833",
  "legislation_title": "The Financial Market Infrastructure Administration (England and Wales) Rules 2018",
  "legislation_url": "https://openlegislation.uk/financial-market-infrastructure-administration-england-and-wales-rules-2018",
  "path": "article/12",
  "kind": "article",
  "number": "12",
  "heading": "Application of the Insolvency Rules",
  "text": "(1) The provisions of the Insolvency Rules listed in the table in paragraph (4) apply for the purposes of FMI administration and FMI administration applications.\n(2) The applied provisions of the Insolvency Rules have effect for that purpose—\n(a) with any specific modifications set out in the table in paragraph (4);\n(b) unless the context otherwise requires and subject to any specific modification, with the general modifications set out in paragraph (3); and\n(c) with any other necessary modifications.\n(3) The general modifications are that—\n(a) a reference to an administrator is a reference to the FMI administrator;\n(b) a reference to administration is a reference to FMI administration;\n(c) a reference to an administration application is a reference to an FMI administration application;\n(d) a reference to an administration order is a reference to an FMI administration order;\n(e) a reference to the court is a reference to the High Court;\n(f) except in Part 3 of the Insolvency Rules, a reference to insolvency proceedings is a reference to proceedings commenced by an FMI administration application;\n(g) a reference to proceedings under the 1986 Act (or under any Part or provision of that Act) includes a reference to proceedings commenced by an FMI administration application;\n(h) a reference to an insolvency practitioner is a reference to the FMI administrator;\n(i) a reference to the company is a reference to the infrastructure company;\n(j) a reference to the Insolvency Rules, or to a numbered rule of the Insolvency Rules, is a reference to the Insolvency Rules, or to the numbered rule, as applied (with any modification) by this rule;\n(k) a reference to the 1986 Act, a numbered section of that Act or a numbered paragraph of Schedule B1 is a reference to that Act, that section or that paragraph as applied (with any modification) by Part 6 of the 2013 Act; and\n(l) all references to the Official Receiver, the County Court and the provisional liquidator are to be ignored.\n(4) This paragraph contains the table of applied provisions of the Insolvency Rules.\nApplied rule\nSubject-matter\nSpecific modifications\nIntroductory rules\nIntroductory rule 6 (and Schedule 3)\nPunishment of offences\nSchedule 3 has effect only so far as it sets out the punishment for contravention of rules 1.56(3), 3.70(2) and 18.6(5).\nPart 1 (Interpretation, time and rules about documents)\nChapter 2: Interpretation\n1.2\nDefined terms\n(a) For the definition of “office-holder”, there is taken to be substituted “the FMI administrator”.\n(b) Ignore the provision made for the interpretation of “certificate of service” and “serve” and “service” (in Schedule 4 to the Insolvency Rules (service of documents)) so far as it has effect in relation to an application to the court for an administration order in respect of a company.\n1.3 (and Schedule 5)\nCalculation of time periods\nChapter 3: Form and content of documents\n1.4 to 1.9\nForm and content of documents\nChapters 4 to 7: Standard contents of notices and documents\n1.10 to 1.34\nStandard contents of notices and documents\nChapter 8: Applications to the court\n1.35\nStandard contents and authentication of applications to the court\n(a) This rule does not apply to an FMI administration application (for which the procedure is set out in Part 2 of these Rules), but does apply to—\n(i) any other application made to the court under Part 6 of the 2013 Act; or\n(ii) any application made under the 1986 Act, as applied by that Part, or under the Insolvency Rules, as applied by these Rules.\n(b) In paragraph (2) treat a reference to the 1986 Act (as applied by Part 6 of the 2013 Act) as a reference to that Act (as so applied) and to Part 6 of the 2013 Act.\nChapter 9: Delivery of documents and opting out (sections 246C, 248A of the 1986 Act)\n1.36 to 1.53, except 1.49 (use of website by office-holder to deliver a particular document (section 246B of the 1986 Act))\nDelivery of documents and creditors’ opt out from receiving documents\nChapter 10: Inspection of documents, copies and provision of information\n1.54 to 1.58\nInspection of documents, copies and provision of information\nPart 3 (Administration)\nChapter 1: Interpretation for Part 3\n3.1\nInterpretation (meaning of “pre-administration costs” and “unpaid pre-administration costs”)\nChapter 5: Notice of administrator’s appointment\n3.27\nPublication of administrator’s appointment\n(a) Where the infrastructure company is a designated service provider, a notice under paragraph (3) must be delivered also to the operator of the recognised payment system or securities settlement system (or, if there is more than one such system, to each one) in relation to which the infrastructure company provides services.\n(b) For the heading specified for the notice of appointment in paragraph (4) there is taken to be substituted “Notice of FMI administrator’s appointment”.\nChapter 6: Statement of affairs\n3.28\nInterpretation (meaning of “nominated person” and “relevant person”)\n3.29\nStatement of affairs: notice requiring and delivery to the administrator (paragraph 47(1) of Schedule B1)\n3.30\nStatement of affairs: content (paragraph 47 of Schedule B1)\n3.31\nStatement of affairs: statement of concurrence\n3.32\nStatement of affairs: filing\nUpon delivering a copy of the statement of affairs and of any statement of concurrence to the registrar of companies, the FMI administrator must deliver identical copies to the Bank.\n3.33\nStatement of affairs: release from requirement and extension of time\n3.34\nStatement of affairs: expenses\nChapter 7: Administrator’s proposals\n3.35\nAdministrator’s proposals: additional content\n(a) In paragraph (1)—\n(i) in sub-paragraph (j)(i) treat the reference to the purpose of administration as a reference to the objective in section 115 of the 2013 Act;\n(ii) in sub-paragraph (j)(ii) ignore the words from “, including” to the end;\n(iii) ignore sub-paragraph (k); and\n(iv) in sub-paragraph (n) treat the reference to creditors as a reference to the Bank.\n(b) Ignore paragraphs (6), (7) and (8).\n(c) In paragraph (10)(b) treat the reference to paragraph 53 of Schedule B1 as a reference to paragraph 49 of Schedule B1 as applied by Part 6 of the 2013 Act.\n3.36\nAdministrator’s proposals: statement of pre-administration costs\nIn paragraph (c) for the words from “an objective” to the end there is taken to be substituted “the objective in section 115 of the 2013 Act”.\n3.37\nAdvertising administrator’s proposals and notices of extension of time for delivery of proposals (paragraph 49 of Schedule B1)\nA notice under paragraph (2) must be delivered also to the Bank.\nChapter 8: Limited disclosure of statements of affairs and proposals\n3.44 to 3.48\nLimited disclosure of statements of affairs and proposals\nRule 3.45 of the Insolvency Rules does not apply in relation to the disclosure to the Bank, in accordance with rule 3.32 of the Insolvency Rules, of the statement of the company’s affairs or a statement of concurrence.\nChapter 9: Disposal of charged property\n3.49\nDisposal of charged property\n(a) Notice under paragraph (3) (of the venue of the hearing of an application under paragraph (1)) must be delivered also to the Bank.\n(b) The Bank is entitled to appear at the hearing of the application.\n(c) The court must deliver to the FMI administrator three sealed copies of the order made on the application and one of them must be delivered to the Bank.\nChapter 10: Expenses of the administration\n3.50\nExpenses\n3.51\nOrder of priority\n3.52\nPre-administration costs\n(a) In paragraph (1) treat the reference to the creditors’ committee as a reference to the Bank.\n(b) Ignore paragraphs (2) to (4) and (6) to (9).\n(c) The FMI administrator must deliver notice of an application under paragraph (5) to the Bank at least 14 days before the hearing of the application, and the Bank is entitled to appear at the hearing.\n(d) The court may, if it appears to be a proper case, order the costs of the application, including the Bank’s costs, to be paid as an expense of the FMI administration.\nChapter 11: Extension and ending of administration\n3.53\nInterpretation (meaning of “final progress report”)\n3.57\nApplication for order ending administration (paragraph 79 of Schedule B1)\n(a) Ignore paragraphs (1)(c) and (2).\n(b) Where the Bank intends to make the application, the FMI administrator must prepare the progress report and the statement of next steps at the request of the Bank.\n(c) For the purpose of that application, in paragraph (1) treat the first reference to the administrator as a reference to the Bank.\n(d) Where the FMI administrator makes the application, the application must be accompanied also by a copy of the consent given by the Bank under paragraph 79(2) of Schedule B1.\n(e) At least five business days before the application is filed with the court the applicant must deliver notice of intention to make the application together with the progress report—\n(i) where the Bank is the applicant, to the FMI administrator;\n(ii) where the FMI administrator is the applicant, to the Bank;\n(iii) to the creditors of the infrastructure company;\n(iv) to the FCA;\n(v) where the infrastructure company is a PRA-authorised person, to the PRA; and\n(vi) where the infrastructure company is the operator of a recognised payment system, or a designated service provider which provides services to such an operator, to the Payment Systems Regulator.\n(f) The application must be accompanied by a statement that notice has been delivered to the creditors and by copies of any response from creditors to that notice.\n(g) Where the court makes an order ending the FMI administration, the court must deliver a copy of the order to the Bank and the FMI administrator, and the applicant must notify all other persons to whom notice of intention to make the application was delivered that the order has been made.\n3.59\nNotice of court order ending the administration\nWhere the order is made on an application by the Bank under paragraph 79 of Schedule B1, treat the first reference to the administrator as a reference to the Bank.\n3.61\nMoving from administration to dissolution (paragraph 84 of Schedule B1)\nChapter 12: Replacing the administrator\n3.62\nGrounds for resignation\nIn paragraph (1)(b) after “insolvency practitioner” there is taken to be inserted “in relation to companies”.\n3.63\nNotice of intention to resign\n(a) For paragraph (1) there is taken to be substituted—\n“(1) “The FMI administrator must deliver a copy of a notice of the intention to resign which is delivered to the Bank in accordance with paragraph 87 of Schedule B1—\n(a) to any continuing FMI administrator (person appointed to act jointly or concurrently with the person who delivers the notice);\n(b) to the creditors of the infrastructure company;\n(c) to the FCA;\n(d) where the infrastructure company is a PRA-authorised person, to the PRA; and\n(e) where the infrastructure company is the operator of a recognised payment system, or a designated service provider which provides services to such an operator, to the Payment Systems Regulator.”.\n(b) Ignore paragraph (2)(c).\n(c) For paragraph (4) there is taken to be substituted—\n“(4) Each copy of the notice must be delivered—\n(a) in a case falling within rule 3.62(1), not later than five business days’ before the resignation date specified in the notice given to the court under paragraph 87(2)(a) of Schedule B1;\n(b) in a case falling within rule 3.62(2), not later than five business days’ before the hearing of the application for the court’s permission to resign.”.\n3.64\nNotice of resignation (paragraph 87) of Schedule B1)\nFor paragraph (1)(b) there is taken to be substituted—\n“(b) the Bank and every person to whom a copy of the notice of intention to resign delivered to the Bank in accordance with paragraph 87 of Schedule B1 was delivered under rule 3.63.”.\n3.65\nApplication to court to remove administrator from office\nWhere an application for an order under paragraph 88 of Schedule B1 is made by a person other than the Bank—\n(i) the application must state that it is made with the consent of the Bank; and\n(ii) each copy of the application delivered under paragraph (2) must be delivered together with a copy of that consent.\n3.66\nNotice of vacation of office when administrator ceases to be qualified to act\n3.67\nDeceased administrator\nA person who files a notice under paragraph (1) with the court must deliver a copy of the notice to the Bank.\n3.68\nApplication to replace administrator\n(a) Ignore references to paragraph 95 of Schedule B1.\n(b) Ignore paragraph (2)(a).\n(c) In paragraph (4) treat the reference to rules 3.12, 3.13 and 3.15(1) and (2) of the Insolvency Rules as a reference to rules 9 and 11 of these Rules.\n3.69\nAppointment of replacement or additional administrator\nIn paragraph (a) ignore sub-paragraphs (i) to (v).\n3.70\nAdministrator’s duties on vacating office\nPart 12 (Court procedure and practice)\nChapter 1: General\n12.1\nCourt rules and practice to apply\n12.2\nPerformance of functions by the Court\nChapter 3: Making applications to court: general\n12.6\nPreliminary\nChapter 3 does not apply to an FMI administration application (for which the procedure is set out in Part 2 of these Rules), but does apply to—\n(i) any other application made to the court under Part 6 of the 2013 Act; or\n(ii) any application made under the 1986 Act, as applied by that Part, or under the Insolvency Rules, as applied by these Rules\n12.7\nFiling of application\n12.8\nFixing the venue\n12.9\nService or delivery of application\n12.10\nHearing in urgent case\n12.11\nDirections\n12.12\nHearing and determination without notice\n12.13\nAdjournment of the hearing of an application\nChapter 4: Making applications to court: specific applications\n12.17 to 12.22\nSub-division B: Applications for private examination – section 236 of the 1986 Act (inquiry into company’s dealings)\nIgnore references to sections 251N and 366 of the 1986 Act.\n12.23 to 12.26\nSub-division C: persons unable to manage own property or affairs\nChapter 5: Obtaining information and evidence\n12.27 to 12.29\nObtaining information and evidence\nChapter 7: The court file\n12.39\nThe court file\n(a) Paragraph (1) also applies where documents are filed with the court under rule 6 or 7 of these Rules (filing of FMI administration application and other documents).\n(b) The right conferred by paragraph (3) is also exercisable—\n(i) by the Bank;\n(ii) by the FCA;\n(iii) where the infrastructure company is a PRA-authorised person, by the PRA; and\n(iv) where the infrastructure company is the operator of a recognised payment system, or a designated service provider which provides services to such an operator, by the Payment Systems Regulator.\n12.40\nOffice copies of documents\nChapter 8: Costs\n12.41 to 12.50\nCosts of and in connection with insolvency proceedings\nChapter 9: Enforcement procedures\n12.51\nEnforcement of court orders\n12.52\nOrders enforcing compliance\n12.53\nWarrants (general provisions)\n12.55\nWarrants under section 236 of the 1986 Act (inquiry into company’s dealings)\nChapter 10: Appeals\n12.58\nApplication of Chapter 10\n12.59\nAppeals and reviews of court orders in corporate insolvency\n12.61\nProcedure on appeal\nChapter 11: Court orders, formal defects and shorthand writers\n12.63 to 12.65\nCourt orders, formal defects and shorthand writers\nPart 14 (Claims by and distributions to creditors in administration)\nChapter 1: Application and interpretation\n14.1\nApplication of Part 14 and interpretation\nChapter 2: Creditors’ claims in administration\n14.2\nProvable debts\n14.3\nProving a debt\n14.4\nRequirements for proof\n14.5\nCosts of proving\n14.6\nAllowing inspection of proofs\n14.7\nAdmission and rejection of proofs for dividend\n14.8\nAppeal against decision on proof\n14.9\nOffice-holder not liable for costs under rule 14.8\n14.10\nWithdrawal or variation of proof\n14.11\nExclusion of proof by the court\n14.12\nDebts of insolvent company to rank equally\n14.13\nDivision of unsold assets\n14.14\nEstimate of value of debt\n14.15\nSecured creditor: value of security\n14.16\nSecured creditor: surrender for non-disclosure\n14.17\nSecured creditor: redemption by office-holder\n14.18\nSecured creditor: test of security’s value\n14.19\nRealisation or surrender of security by creditor\n14.20\nDiscounts\n14.21\nDebts in foreign currency\n14.22\nPayments of a periodical nature\n14.23\nInterest\n14.24\nMutual dealings and set-off\nChapter 3: distribution to creditors in administration\n14.26\nApplication of Chapter 3 to a particular class of creditors and to distributions\n14.28\nGazette notice of intended first dividend or distribution\n14.29\nIndividual notices to creditors etc. of intended dividend or distribution\nIgnore paragraph (3).\n14.30\nContents of notice of intention to declare a dividend or make a distribution\n14.31\nFurther contents of notice to creditors owed small debts etc.\n14.32\nAdmission or rejection of proofs following last date for proving\n14.33\nPostponement or cancellation of dividend\n14.34\nDeclaration of dividend\n14.35\nNotice of declaration of a dividend\nIgnore paragraph (4).\n14.37\nContents of last notice about dividend\n14.38\nSole or final dividend\nFor the purpose of paragraph (1)(b)(iii), where the amount outstanding consists of, or includes, the FMI administrator’s own remuneration and expenses, the payment of such remuneration and expenses may be made only—\n(i) in accordance with the directions (if any) of the Bank; and\n(ii) if the Bank is satisfied that the payment will not prejudice the objective in section 115 of the 2013 Act.\n14.39\nProvisions as to dividends\n14.40\nSupplementary provisions as to dividends and distributions\n14.41\nSecured creditors\n14.42\nDisqualification from dividend\n14.43\nAssignment of right to dividend\n14.44\nDebt payable at future time\n14.45\nNon-payment of dividend\nPart 15 (Decision making)\nChapter 1: Application of Part\n15.1\nApplication of Part 15\nChapter 2: Decision procedures\n15.2\nInterpretation\n15.3\nThe prescribed decision procedures\n15.4\nElectronic voting\n15.5\nVirtual meetings\n15.6\nPhysical meetings\n15.7\nDeemed consent (section 246ZF of the 1986 Act)\nChapter 3: Notices, voting and venues for decisions\n15.8\nNotices to creditors of decision procedure\n15.9\nVoting in a decision procedure\n15.10\nVenue for decision procedure\n15.11\nNotices of decision procedures or of seeking deemed consent: when and to whom delivered\n15.12\nNotice of decision procedure by advertisement only\n15.13\nGazetting and advertisement of meeting\n15.14\nNotice to company officers in respect of meetings\n15.15\nNon-receipt of notice of decision\n15.16\nDecisions on remuneration and conduct\nChapter 6: Constitution of meetings\n15.20\nQuorum at meeting\n15.21\nChair at meetings\n15.22\nThe chair - attendance, interventions and questions\nChapter 7: Adjournment and suspension of meetings\n15.23\nAdjournment by chair\n15.25\nAdjournment in absence of chair\n15.26\nProofs in adjournment\n15.27\nSuspension\nChapter 8: Creditors’ voting rights and majorities\n15.28\nCreditors’ voting rights\n15.30\nClaim made in proceedings in other member States\n15.31\nCalculation of voting rights\nIgnore sub paragraphs (1)(b) to (e)and paragraph (6).\n15.32\nCalculation of voting rights: special cases\n15.33\nProcedure for admitting creditors’ claims for voting\n15.34\nRequisite majorities\n15.35\nAppeals against decisions of the convener or chair under Chapter 8\nChapter 9: Exclusions from meetings\n15.36\nAction where person excluded\n15.37\nIndication to excluded person\n15.38\nComplaint\nChapter 10: Contributories’ voting rights and majorities\n15.39\nContributories’ voting rights and requisite majorities\nChapter 11: Records\n15.40\nRecord of a decision\nChapter 12: Company meetings\n15.41\nCompany meetings\nPart 16 (Proxies and corporate representation)\n16.1\nApplication of Part 16 and interpretation (meaning of “the chair”)\n16.2\nSpecific and continuing proxies\n16.3\nBlank proxy\n16.4\nUse of proxies\n16.5\nUse of proxies by the chair\n16.6\nRight of inspection and retention of proxies\n16.7\nProxy-holder with financial interest\n16.9\nInstrument conferring authorisation to represent corporation\nPart 18 (reporting and remuneration of office-holders)\nChapter 1: Introductory\n18.1\nScope of Part 18\nChapter 2: Progress reports\n18.2\nReporting by the office-holder\n18.3\nContents of progress reports in administration\nIgnore paragraphs (2), (5) and (6).\n18.4\nInformation about remuneration\n18.5\nInformation about pre-administration costs\n18.6\nProgress reports in administration: timing\nA copy of a report delivered under paragraph (4) must be delivered also—\n(i) to the Bank;\n(ii) to the FCA;\n(iii) where the infrastructure company is a PRA-authorised person, to the PRA; and\n(iv) where the infrastructure company is the operator of a recognised payment system, or a designated service provider which provides services to such an operator, to the Payment Systems Regulator.\n18.9\nCreditors’ and members’ requests for further information in administration\nThe right to request further information about remuneration or expenses is also exercisable—\n(i) by the Bank;\n(ii) by the FCA;\n(iii) where the infrastructure company is a PRA-authorised person, by the PRA; and\n(iv) where the infrastructure company is the operator of a recognised payment system, or a designated service provider which provides services to such an operator, by the Payment Systems Regulator.\n18.10\nReporting distribution of property to creditors under rule 14.3\nChapter 4: Remuneration and expenses in administration\n18.16\nRemuneration: principles\n(a) The Bank must fix the FMI administrator’s remuneration on one or a combination of the bases set out in paragraph (2)(a)(i), (b) or (c).\n(b) For that purpose in paragraphs (4) and (6) treat the reference to the creditors as a reference to the Bank.\n(c) Ignore paragraph (5).\n(d) The FMI administrator must share with creditors the basis or bases on which remuneration has been fixed under paragraph (a) above.\n18.17\nRemuneration of joint office-holders\nAny dispute about the apportionment of remuneration must be referred initially to the Bank, and if a reference to the Bank does not resolve the dispute, may be referred to the court for settlement by order.\n18.18\nRemuneration: procedure for initial determination in an administration\n(a) It is for the Bank to determine the basis of remuneration.\n(b) Ignore paragraphs (3) and (4).\n18.24\nRemuneration: administrator seeking increase etc.\nIgnore paragraph (a).\n18.28\nRemuneration: recourse by administrator to the court\n(a) Ignore paragraphs (2) to (5).\n(b) For paragraphs (6), (7) and (8) there is taken to be substituted—\n“(6) The FMI administrator must deliver a notice of the application to the Bank at least 14 days before the hearing.\n(7) The Bank may nominate a person to represent the Bank and be heard on the application.\n(8) The court may, if it appears to be a proper case, order the costs of the application, including the costs of the Bank (if it nominates a person to represent it), to be paid as an expense of the estate.”.\n18.29\nRemuneration: review at request of administrator\nFor paragraph (2) there is taken to be substituted—\n“(2) A request under paragraph (1) must be made to the Bank, which must determine whether or not to approve the change requested.”.”.\n18.30\nRemuneration: exceeding the fee estimate\nFor paragraph (2) there is taken to be substituted—\n“(2) A request for approval to draw remuneration in excess of the total amount set out in the fees estimate must be made to the Bank.\n(2A) Where there are joint FMI administrators, it is for them to agree between themselves how the approved amount of excess remuneration payable should be apportioned.\n(2B) Any dispute arising between them must be referred initially to the Bank, and if a reference to the Bank does not resolve the dispute, may be referred to the court for settlement by order.\n(2C) Where the Bank refuses a request under paragraph (2) or the FMI administrator considers the approved amount of excess remuneration to be insufficient, the FMI administrator may apply to the court for an order approving the withdrawal of remuneration in excess of the total amount set out in the fees estimate.”.\n18.31\nRemuneration: new administrator\n18.32\nRemuneration: apportionment of set fees\n(a) In paragraph (4) the relevant person is the Bank.\n(b) An application under paragraph (9) is to be made to the court.\n18.34\nRemuneration and expenses: application to court by a creditor or member on grounds that remuneration or expenses are excessive\n18.36\nApplications under rule 18.34 where the court has given permission for the application\n18.37\nApplications under rule 18.34 where the court’s permission is not required for the application",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "Sections 246(C) and 248A were inserted in the 1986 Act by the Small Business, Enterprise and Employment Act 2015, section 124(1), (3) and (4), and were applied for the purposes of FMI administration by S.I. 2018/208."
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "Section 246B was inserted in the 1986 Act by S.I. 2010/18, but is not applied for the purposes of FMI administration."
    },
    {
      "type": "footnote",
      "label": "f3",
      "text": "Section 115 was amended by the Digital Economy Act 2017 (c.30), Schedule 9(2), paragraph 43 and by S.I 2017/1064."
    },
    {
      "type": "footnote",
      "label": "f4",
      "text": "The modification of paragraph 87 provides that the FMI administrator may not resign without giving the Bank 28 days’ notice of the intention to do so (see the 2013 Act, Schedule 6, entry for paragraph 87)."
    },
    {
      "type": "footnote",
      "label": "f5",
      "text": "Section 246(ZF) was inserted, together with section 246(ZE), by the Small Business, Enterprise and Employment Act 2015, section 124(1) and (2). Both sections were applied for the purposes of FMI administration by S.I. 2018/208."
    },
    {
      "type": "footnote",
      "label": "f6",
      "text": "For the meaning of “fees estimate” in rule 18.29 of the Insolvency Rules see rule 1.2 of those Rules."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2018/833/article/12",
    "retrieved_at": "2026-10-28T22:55:41.268514+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}