{
  "url": "https://openlegislation.uk/insolvency-practitioners-and-insolvency-services-account-fees-order-2003/schedule/paragraph-2",
  "json_url": "https://openlegislation.uk/insolvency-practitioners-and-insolvency-services-account-fees-order-2003/schedule/paragraph-2.json",
  "legislation": "uksi/2003/3363",
  "legislation_title": "The Insolvency Practitioners and Insolvency Services Account (Fees) Order 2003",
  "legislation_url": "https://openlegislation.uk/insolvency-practitioners-and-insolvency-services-account-fees-order-2003",
  "path": "schedule/paragraph/2",
  "kind": "paragraph",
  "number": "2",
  "heading": "Fees payable in connection with the operation of the Insolvency Services Account",
  "text": "Fees shall be payable in relation to the operation of the Insolvency Services Account (including payments into and out of that account) in the circumstances set out in the table below—\nTABLE\nNo. of fee\nDescription of fee and circumstances in which it is payable\nAmount\n1.\nBanking fee; winding up by the court and bankruptcy\nWhere in any bankruptcy or winding up by the court an account is maintained with the Secretary of State in respect of monies which may from time to time be paid into the Insolvency Services Account, there shall be payable out of the estate of the bankrupt or, as the case may be, the assets of the company on each payment date where the liquidator or the trustee is not the official receiver, a fee of—\n£15\n2.\nBanking fee; voluntary winding up\nWhere in a voluntary winding up an account is maintained with the Secretary of State in respect of monies which may from time to time be paid into the Insolvency Services Account there shall be payable out of the assets of the company on each payment date a fee of——\n£20\n3.\nCheque etc. issue fee\nWhere a cheque, money order or payable order in respect of monies in the Insolvency Services Account is issued or reissued on the application of—\n(a) a liquidator pursuant to regulations 7 or 8;\n(b) a trustee pursuant to regulations 22 or 23; or\n(c) any person claiming any monies in that account pursuant to regulation 32,\nthere shall be payable out of the assets of the company, the estate of the bankrupt or, as the case may be, by the claimant—\n(i) where the application is made before principal commencement date, a fee in respect of that cheque, money order or payable order of—\n(ii) where the application is made on or after the principal commencement date, a fee in respect of that cheque, money order or payable order of—\n£0.65\n£0.80\n4.\nBACs etc. fee\nOn the making or remaking through the Bankers Automated Clearing System or any other electronic funds system of a transfer in respect of funds held in the Insolvency Services Account on an application made after the principal commencement date by—\n(a) a liquidator pursuant to regulations 7 or 8;\n(b) a trustee pursuant to regulations 22 or 23; or\n(c) any person claiming pursuant to regulation 32 any monies held in the Insolvency Services Account,\nthere shall be payable out of the assets of the company, the estate of the bankrupt or, as the case may be, by the claimant a fee in respect of that transfer of—\n£0.15",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [
    {
      "type": "words substituted",
      "affecting": "uksi/2012/2264",
      "affecting_title": "The Insolvency Practitioners and Insolvency Services Account (Fees) (Amendment) Order 2012"
    },
    {
      "type": "words substituted",
      "affecting": "uksi/2012/2264",
      "affecting_title": "The Insolvency Practitioners and Insolvency Services Account (Fees) (Amendment) Order 2012"
    },
    {
      "type": "words substituted",
      "affecting": "uksi/2012/2264",
      "affecting_title": "The Insolvency Practitioners and Insolvency Services Account (Fees) (Amendment) Order 2012"
    },
    {
      "type": "words substituted",
      "affecting": "uksi/2012/2264",
      "affecting_title": "The Insolvency Practitioners and Insolvency Services Account (Fees) (Amendment) Order 2012"
    },
    {
      "type": "words substituted",
      "affecting": "uksi/2012/2264",
      "affecting_title": "The Insolvency Practitioners and Insolvency Services Account (Fees) (Amendment) Order 2012"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2003/3363/schedule/paragraph/2",
    "retrieved_at": "2026-10-29T05:36:14.113577+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}