# The Insolvency (Amendment) Rules 1995, Note: Explanatory note


(This note does not form part of the Rules)
These Rules further amend the Insolvency Rules 1986, which set out detailed procedures for the conduct of all company and individual insolvency proceedings in England and Wales under the Insolvency Act 1986, with effect from 1 April 1995. The amendments alter the order of priority in which the expenses of a winding up by the court and a bankruptcy are payable. The fee payable (under any fees order made under sections 414 and 415 respectively of the Insolvency Act) for the performance by the official receiver of his general duties as official receiver, and the repayable deposit lodged as security for that fee, are moved in the order of priority of payment from immediately before to immediately after the payment of the other fees payable under any such fees order and the remuneration of the official receiver under general regulations.

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Source: https://www.legislation.gov.uk/uksi/1995/586/note (the official version)
Page: https://openlegislation.uk/insolvency-amendment-rules-1995/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.