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The Insolvency (Amendment) Regulations 1991

S.I. 1991/380 · Made 27 February 1991

Original text. legislation.gov.uk does not revise statutory instruments, so later amendments are not shown here. Changes made to it are listed under each provision when known.

INSOLVENCY

COMPANIES

INDIVIDUALS, ENGLAND AND WALES

Made 27th February 1991

Laid before Parliament 11th March 1991

Coming into force 2nd April 1991

The Secretary of State, in exercise of the powers conferred on him by rule 12.1 of the Insolvency Rules 1986f1, hereby makes the following Regulations:–

Annotations to the whole text

Footnotes

f1

S.I. 1986/1925, amended by S.I. 1987/1919, S.I. 1989/397 and S.I. 1991/495

Contents

  1. 1Citation and commencement
  2. 2Interpretation
  3. 3Amendment of Regulation 20
  4. Signature
  5. Explanatory note

1Citation and commencement

These Regulations may be cited as the Insolvency (Amendment) Regulations 1991 and shall come into force on 2nd April 1991.

2Interpretation

In these Regulations references to “the principal Regulations” are to the Insolvency Regulations 1986f1.

3Amendment of Regulation 20

There shall be substituted for Tables 1 and 2 set out in regulation 20(3) of the principal Regulations the following Tables 1 and 2 respectively–

Table 1

Grade or Status of OfficialTotal hourly rate
£
Official Receiver44
Deputy Official Receiver37
Senior Examiner30
Senior Executive Officer28
Examiner (D)28
Higher Executive Officer24
Examiner (E)21
Executive Officer20
Administrative Officer16
Administrative Assistant14

Table 2

Grade or Status of OfficialTotal hourly rate
£
Official Receiver30
Deputy Official Receiver25
Senior Examiner25
Examiner (D)23
Senior Executive Officer21
Higher Executive Officer19
Examiner (E)18
Executive Officer16
Administrative Officer13
Administrative Assistant10

Signature

John Redwood

Minister of State,

Department of Trade and Industry

27th February 1991

Explanatory note

(This note does not form part of the Regulations)

These Regulations further amend the Insolvency Regulations 1986. They increase broadly in line with inflation the rates of remuneration payable to the official receiver where he is an interim receiver or provisional liquidator or where he performs any duty as liquidator or trustee for which remuneration or a fee has not otherwise been set by statutory instrument.