# The Insolvency Proceedings (Fees) Order 2004, Article 8: Reduction and refund of fees – individual voluntary arrangement following bankruptcy


Where proposals made by a bankrupt for an individual voluntary arrangement with the official receiver acting as supervisor are approved by the bankrupt’s creditors, fee B1 shall be reduced to £812.50 and any payments made in respect of fee B1 which exceed that amount shall be refunded to the credit of the estate of the bankrupt.

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Source: https://www.legislation.gov.uk/uksi/2004/593/article/8 (the official version)
Page: https://openlegislation.uk/insolvency-proceedings-fees-order-2004/article-8
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.