Explanatory note

This Order makes amendments to the Insolvency (Fees) Order (Northern Ireland) 2006 (S.R. 2006 No. 54) (“the principal Order”). It introduces a new fee to follow on from the introduction of debt relief orders into the Insolvency (Northern Ireland) Order 1989 (“the 1989 Order”) by the Debt Relief Act (Northern Ireland) 2010.

Article 208B of the 1989 Order (making of application for a debt relief order) provides for payment of a fee in connection with an application for a debt relief order. Article 361 of the 1989 Order permits the charging of fees in respect of the costs of persons acting as approved intermediaries and the performance by the official receiver of functions in relation to such orders under Part 7A of the 1989 Order. Article 3(a) and (b) provides for the fee to be charged in respect of these costs to be as set out in Schedule 2 to the principal Order.

Article 4, inserts a new item into the Table of Fees in Schedule 2, to the principal Order which makes an application for a debt relief order subject to the payment of a fee of £90.

A Regulatory Impact Assessment was prepared for the Debt Relief Act (Northern Ireland) 2010. Copies of this are available from the Legislation Unit, The Insolvency Service, Fermanagh House, 20A Ormeau Avenue, Belfast BT2 8NJ.