SCHEDULE 1TABLE OF FEES
PART 1Fees for Accountant in Bankruptcy as interim trustee or trustee in sequestration
Column 1 | Column 2 | >Column 3 |
---|---|---|
(Functions) | (Rates) | (Former Rates) |
1. In respect of each hour of work in the exercise by the Accountant in Bankruptcy of that office’s functions as interim trustee in a sequestration where the Accountant in Bankruptcy is not appointed as trustee in that sequestration. | £100 per hour | £39 per hour for first 5 hours; £69 per hour for each subsequent hour |
2. In respect of each hour of work in the exercise by the Accountant in Bankruptcy of that office’s functions as interim trustee or trustee in a sequestration, other than in respect of the realisation of assets in the sequestrated estate. | £100 per hour | £39 per hour for first 21 hours; £69 per hour for each subsequent hour |
3. In respect of the exercise by the Accountant in Bankruptcy of that office’s functions as trustee in a sequestration in relation to the realisation of assets in the sequestrated estate— | ||
| ||
| 15% of that amount | 5% of that amount |
| 5% of that amount | 1% of that amount |
| 2% of that amount | 0.5% of that amount |
| 5% of the proceeds of sale (across all sums) | |
| 15% of that amount | |
| 5% of that amount | |
| 2% of that amount | |
4. In respect of the exercise by the Accountant in Bankruptcy of that office’s functions as interim trustee or trustee in a sequestration in ingathering the estate of the debtor. | 25% of funds ingathered | None |
5. In respect of the exercise by the Accountant in Bankruptcy of that office’s functions as trustee in relation to the payment of dividends to creditors— | £78 plus £39 in respect of each creditor who is paid a dividend. | |
| 10% of that amount | |
| 5% of that amount | |
| 2% of that amount |
PART 2Fees for other functions of the Accountant in Bankruptcy
Column 1 | Column 2 | Column 3 |
---|---|---|
(Functions) | (Fee Payable) | (Fee Formerly Payable) |
1. For registering award of sequestration. | £20.00 | (No change) |
2. For administration of— | ||
| £100.00 | £200.00 |
| £200.00 | None |
3. For supervising proceedings in sequestration— | ||
| £139.00 | (No change) |
| £210.00 | (No change) |
| £139.00 | (No change) |
4. For supervising payment of dividend to creditors where no commissioners have been elected. | £69.00 | (No change) |
5. For any special report to the court. | £69.00 | (No change) |
6. For considering and issuing a determination in an appeal against a determination of commissioners as to the outlays and remuneration payable to a trustee. | 5% of the sum remaining on deduction from the sum of outlays and remuneration determined by the Accountant in Bankruptcy of any outlays incurred by way of statutory fees, trading expenses or expenses of realisation. | (No change) |
7. For issuing a determination fixing the outlays and remuneration payable to— | 17.5% of the sum remaining on deduction from the sum of outlays and remuneration determined of any outlays incurred by way of statutory fees, trading expenses or expenses of realisation. | (No change) |
| ||
| ||
8. For examination of the sederunt book and related work, in connection with the discharge of a trustee. | £36.00 | (No change) |
9. For granting a certificate of discharge to an interim trustee. | £36.00 | (No change) |
10. For granting a certificate of discharge to a debtor. | £11.00 | (No change) |
11. For providing a certified copy of an entry in the register of insolvencies. | £24.00 | (No change) |
12. For the certifying of any other document (excluding copying charges). | £17.00 | (No change) |
13. For providing a copy of any document— | ||
| ||
| £11.00 | (No change) |
| £0.32 | (No change) |
| £0.13 | (No change) |
14. For attendance at any meeting of creditors – fee per hour or part thereof, including travelling time. | £69.00 | (No change) |
15. For calling any meeting of creditors. | £36.00 | (No change) |
16. For attendance at any examination of the debtor – fee per hour or part thereof, including travelling time. | £69.00 | (No change) |
17. In respect of protected trust deeds— | ||
| £36.00 | (No change) |
| £100.00 per 12 month period of supervision beginning on the date of registration of the protected trust deed and ending on the discharge of the trustee (or part of such period). | £250.00 |
18. For auditing the accounts of a trustee under a protected trust deed and fixing the trustee’s remuneration. | 5% of the sum remaining on deduction from the sum of outlays and remuneration determined of any outlays incurred by way of statutory fees, trading expenses or expenses of realisation. | (No change) |
19. For lodging any unclaimed dividend in an appropriate bank or institution set aside for payment to a creditor or creditors, in respect of each creditor on consignation. | £26.00 | (No change) |
20. For uplifting any unclaimed dividend consigned in an appropriate bank or institution, in respect of each creditor. | £26.00 | (No change) |
21. For determination of a debtor application. | £200.00 | £100.00 |
22. For an application for a bankruptcy restrictions order. | £250.00 | (No change) |
23. For accepting and issuing a bankruptcy restrictions undertaking. | £150.00 | (No change) |
24. For registering a court order appointing a replacement trustee. | £19.00 | (No change) |
25. For petitioning for the replacement of a trustee acting in more than one sequestration. | £200.00 | (No change) |
SCHEDULE 2REVOCATIONS
Regulations revoked | References |
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The Bankruptcy Fees (Scotland) Regulations 1993 | S.I. 1993/486; amended by S.I. 1999/752 and S.S.I. 2007/220, 2008/5 and 79, 2009/97, 2010/76 and 2011/142. |
The Bankruptcy Fees (Scotland) Amendment Regulations 1999 | |
The Bankruptcy Fees (Scotland) Amendment Regulations 2007 | |
The Bankruptcy Fees (Scotland) Amendment Regulations 2008 | |
The Bankruptcy Fees (Scotland) Amendment (No. 2) Regulations 2008 | |
The Bankruptcy Fees (Scotland) Amendment Regulations 2009 | |
The Bankruptcy Fees (Scotland) Amendment Regulations 2010 | |
The Bankruptcy Fees (Scotland) Amendment Regulations 2011 |