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Explanatory Note

(This note is not part of the Order)

This Order makes amendments to the Insolvency Proceedings (Fees) Order 2004 (S.I. 2004/593).

Article 6(1) of that Order is amended to provide that a deposit is payable where a bankruptcy petition is presented by a temporary administrator or a liquidator within the meaning of Council Regulation (EC) No 1346/2000. Article 6(2) is clarified in relation to the payment of deposits.

Schedule 2 is amended to exclude certain functions from the definition of the general duties of the official receiver in respect of which fees are payable under Schedule 2 to the 2004 Order.

No Regulatory Impact Assessment has been prepared in relation to this Order as it will not impose any significant costs on business.