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The Insolvency (Amendment) Rules 2015
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Amendments to the 1986 Rules
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11.—(1) Rule 6.138 (fixing of remuneration) of the 1986 Rules is amended as follows.
(2) In paragraph (2)(b) after “arising in the bankruptcy” add “ as set out in the fees estimate”.
(3) After paragraph (2), insert—
“(2A) Where the trustee proposes to take all or any part of the remuneration on the basis set out in paragraph (2)(b), the trustee must, prior to the determination of which of the bases set out in paragraph (2) are to be fixed, give to each creditor of the company of whose claim and address the trustee is aware—
(a)the fees estimate, and
(b)details of the expenses the trustee considers will be, or are likely to be, incurred.
(2B) Save where the trustee has given the information under paragraph (2A), the trustee must, prior to the determination of which of the bases set out in paragraph (2) are to be fixed, give to each creditor of the company of whose claim and address the trustee is aware, details of—
(a)the work the trustee proposes to undertake, and
(b)the expenses the trustee considers will be, or are likely to be, incurred.”.
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