Article 2 Amendment of the Insolvency Proceedings (Fees) Order 2016

(1)

The Insolvency Proceedings (Fees) Order 2016^f1 is amended as follows.

(2)

In article 2 (Interpretation), in the definition of “deposit”, in paragraph (d) for “£5,000” substitute “£13,500”.

(3)

In Schedule 1 (Fees payable in insolvency proceedings) in the second column of the Table of Fees (amount of fee or applicable %)—

(a)

in the entry next to “Bankruptcy – official receiver’s administration fee following debtor’s application”, for “£1,990” substitute “£2,390”;

(b)

in the entry next to “Bankruptcy – official receiver’s administration fee following creditor’s petition”, for “£2,775” substitute “£3,300”;

(c)

in the entry next to “Winding up by the court other than a winding up on a petition presented under section 124A – official receiver’s administration fee”, for “£5,000” substitute “£6,000”;

(d)

in the entry next to “Winding up by the court on a petition presented under section 124A – official receiver’s administration fee”, for “£7,500” substitute “£13,500”;

(e)

in the entry next to “Official receiver’s general fee”, for “£6,000” substitute “£7,200”.

Annotations

Footnotes

f1: S.I. 2016/692, to which there are amendments not relevant to this Order.