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Insolvency Act 1986, Section 415 is up to date with all changes known to be in force on or before 11 September 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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(1)There shall be paid in respect of—
(a)proceedings under Parts VIII to XI of this Act, and
(b)the performance by the official receiver or the Secretary of State of functions under those Parts,
such fees as the Lord Chancellor may with the sanction of the Treasury by order direct.
(2)The Treasury may by order direct by whom and in what manner the fees are to be collected and accounted for.
(3)The Lord Chancellor may, with the sanction of the Treasury, by order provide for sums to be deposited, by such persons, in such manner and in such circumstances as may be specified in the order, by way of security for—
(a)fees payable by virtue of this section, and
(b)fees payable to any person who has prepared an insolvency practitioner’s report under section 274 in Chapter I of Part IX.
(4)An order under this section may contain such incidental, supplemental and transitional provisions as may appear to the Lord Chancellor or, as the case may be, the Treasury, necessary or expedient.
(5)An order under this section shall be made by statutory instrument and, after being made, shall be laid before each House of Parliament.
(6)Fees payable by virtue of this section shall be paid into the Consolidated Fund.
(7)Nothing in this section prejudices any power to make rules of court.
Modifications etc. (not altering text)
C1S. 415 applied with modifications by S.I. 1986/1999, art. 3, Sch. 1 Pt. II
C2S. 415(3) modified by S.I. 1986/2142, arts. 1(2), 5(3), 15
S. 415(3) applied (with modifications) (1.12.1994) by S.I. 1994/2421, art. 13(1)
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