# The Insolvency Regulations (Northern Ireland) 1996, Regulation 37: Official receiver’s remuneration while acting as liquidator or provisional liquidator in respect of the realisation of property charged


When he is a liquidator or provisional liquidator, the official receiver’s remuneration in respect of the realisation of property of the company—
(a) for secured creditors (other than a creditor who holds a floating charge on the company’s undertaking or property) shall be calculated on the realisation scale set out in Table 1 in Schedule 1 in the manner set out in regulation 34; and
(b) for creditors who hold a floating charge on the company’s undertaking or property shall be calculated on both the scales set out in Table 1 in Schedule 1 and in the manner set out in regulation 34.
[E.R. 36]

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Source: https://www.legislation.gov.uk/nisr/1996/574/regulation/37 (the official version)
Page: https://openlegislation.uk/insolvency-regulations-northern-ireland-1996/regulation-37
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.