# The Insolvency Regulations (Northern Ireland) 1996, Schedule 1: OFFICIAL RECEIVER'S REMUNERATION


Table 1
The realisation scale
i
on the first £5,000 or fraction thereof
20%
ii
on the next £5,000 or fraction thereof
15%
iii
on the next £90,000 or fraction thereof
10%
iv
on all further sums realised
5%
The distribution scale
i
on the first £5,000 or fraction thereof
10%
ii
on the next £5,000 or fraction thereof
7.5%
iii
on the next £90,000 or fraction thereof
5%
iv
on all further sums distributed
2.5%
Table 2
Grade or Status of Official
Total hourly rate £
Official Receiver
34
Deputy Official Receiver
28
Deputy Principal
28
Staff Officer
26

---
Source: https://www.legislation.gov.uk/nisr/1996/574/schedule/1 (the official version)
Page: https://openlegislation.uk/insolvency-regulations-northern-ireland-1996/schedule-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

