Paragraph 2
Fees payable to the Secretary of State in respect of proceedings under Parts I to XI of the Act and the performance by the official receiver and the Secretary of State of functions under those Parts shall be determined in accordance with the provisions of the Table of Fees set out below—
Table of Fees
| Fees payable in respect of individual voluntary arrangements only | ||
|---|---|---|
| Designation of Fee | Description of fee and circumstances in which it is charged | Amount of fee or applicable % |
| IVA1 | Individual voluntary arrangement registration fee On the registration of an individual voluntary arrangement by the Secretary of State there is payable a fee of— | £35 |
| IVA2 | Individual voluntary arrangement – official receiver’s nominee fee For the performance by the official receiver in relation to an individual voluntary arrangement of the functions of nominee there shall be payable on the agreement of the official receiver so to act a fee of— | £300 |
| IVA3 | Individual voluntary arrangement – official receiver’s supervisor fee For the performance by the official receiver in relation to an individual voluntary arrangement of the functions of supervisor, there shall be payable, a fee calculated as a percentage of any monies realised whilst he acts as supervisor at the rate of— | 15% |
| Fees payable in bankruptcies only | ||
|---|---|---|
| Designation of Fee | Description of fee and circumstances in which it is charged | Amount of fee or applicable % |
| B1 | Bankruptcy – Official receiver’s administration fee For the performance by the official receiver of his general duties as official receiver on the making of a bankruptcy order there shall be payable a fee of— | £1,625 |
| B2 | Bankruptcy – Secretary of State’s administration fee For the performance by the Secretary of State of her general duties under the insolvency legislation in relation to the administration of the estate of each bankrupt, there shall be payable a fee (up to a maximum of £100,000) calculated as a percentage of total chargeable receipts relating to the bankruptcy (but ignoring the first £2000 and that part of the total receipts which exceeds the bankruptcy ceiling) at the rate of— | 17% |
| Fees payable in relation to winding up by the court only | ||
|---|---|---|
| Designation of Fee | Description of fee and circumstances in which it is charged | Amount of fee or applicable % |
| W1 | Winding up by the court – official receiver’s administration fee For the performance by the official receiver of his general duties as official receiver on the making of a winding-up order there shall be payable a fee of— | £1,950 |
| W2 | Winding up by the court – Secretary of State’s administration fee For the performance by the Secretary of State of her general duties under the insolvency legislation in relation to the administration of the affairs of each company which is being wound up by the court, there shall be payable a fee (up to a maximum of £100,000) calculated as a percentage of total chargeable receipts relating to the company (but ignoring the first £2000) at the rate of— | 17% |
| Fees payable in bankruptcies and both types of winding up | ||
|---|---|---|
| Designation of Fee | Description of fee and circumstances in which it is charged | Amount of fee or applicable % |
| INV1 | Investment fee – all cases Each request made by a trustee in bankruptcy or a liquidator in a compulsory or a voluntary winding up for the purchase of any government securities shall be accompanied by a fee of— | £50 |