Regulation 5 Ranking of expenses of relevant office-holderI1
England, Wales and Scotland
At the end of subsection (4) of section 160 of the Act (duty to give assistance for the purposes of default proceedings) there shall be added the following words—
“and for the purpose of determining the priority in which his expenses are payable out of the assets, sums in respect of time spent shall be treated as his remuneration and other sums shall be treated as his disbursements or, in Scotland, outlays.”.
Annotations
Commencement
- I1
Reg. 5 in force at 25.4.1991, see reg. 1