# The Payment and Electronic Money Institution Insolvency (England and Wales) Rules 2021, Article 168: Review of remuneration

Extent: E+W

(1) Where, after the basis of the administrator’s remuneration has been fixed, there is a material and substantial change in the circumstances which were taken into account in fixing it, the administrator may request that it be changed.
(2) The request must be made—
(a) where the creditors’ committee fixed the basis, to the committee;
(b) where the creditors and customers fixed the basis, to the creditors and customers;
(c) where the court fixed the basis, by application to the court;
and this Chapter applies as appropriate.
(3) Any change in the basis for remuneration applies from the date of the request under paragraph (1) and not for any earlier period.

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Source: https://www.legislation.gov.uk/uksi/2021/1178/article/168 (the official version)
Page: https://openlegislation.uk/payment-and-electronic-money-institution-insolvency-england-and-wales-rules-2021/article-168
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.