Rule 3.1 Interpretation for Part 3C1

In this Part—

• “pre-administration costs” means fees charged, and expenses incurred by the administrator, or another person qualified to act as an insolvency practitioner in relation to the company, before the company entered administration but with a view to it doing so; and

• “unpaid pre-administration costs” means pre-administration costs which had not been paid when the company entered administration.