{
  "url": "https://openlegislation.uk/insolvency-proceedings-fees-order-2004/article-7",
  "json_url": "https://openlegislation.uk/insolvency-proceedings-fees-order-2004/article-7.json",
  "legislation": "uksi/2004/593",
  "legislation_title": "The Insolvency Proceedings (Fees) Order 2004",
  "legislation_url": "https://openlegislation.uk/insolvency-proceedings-fees-order-2004",
  "path": "article/7",
  "kind": "article",
  "number": "7",
  "heading": "Deposits – official receiver acting as nominee in individual voluntary arrangement",
  "text": "(1) Where a proposal for an individual voluntary arrangement with the official receiver acting as nominee is notified to the official receiver, the notification shall be accompanied by a deposit of £335 as security for fee IVA1 and fee IVA2.\n(2) The deposit shall be used to discharge fee IVA1 and fee IVA2.\n(3) Where the official receiver declines to act in relation to a proposal of the kind mentioned in paragraph (1) the deposit mentioned in that paragraph shall be refunded to the person entitled to it\n(4) Where the official receiver agrees to act as nominee in relation to a proposal of the kind mentioned in paragraph (1) but the proposal is rejected by the bankrupt’s creditors, any balance of the deposit after deducting fee IVA2 shall be returned to the person who is entitled to it.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2004/593/article/7",
    "retrieved_at": "2026-10-29T05:30:42.521019+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."
}