Part 10Insolvency
Money
I1270 Fees
1
The following shall be inserted after section 415 of the Insolvency Act 1986 (c. 45) (fees orders: individual insolvency)—
415A Fees orders (general)
1
The Secretary of State—
a
may by order require a body to pay a fee in connection with the grant or maintenance of recognition of the body under section 391, and
b
may refuse recognition, or revoke an order of recognition under section 391(1) by a further order, where a fee is not paid.
2
The Secretary of State—
a
may by order require a person to pay a fee in connection with the grant or maintenance of authorisation of the person under section 393, and
b
may disregard an application or withdraw an authorisation where a fee is not paid.
3
The Secretary of State may by order require the payment of fees in respect of—
a
the operation of the Insolvency Services Account;
b
payments into and out of that Account.
4
The following provisions of section 414 apply to fees under this section as they apply to fees under that section—
a
subsection (3) (manner of payment),
b
subsection (5) (additional provision),
c
subsection (6) (statutory instrument),
d
subsection (7) (payment into Consolidated Fund), and
e
subsection (9) (saving for rules of court).
2
An order made by virtue of subsection (1) may relate to the maintenance of recognition or authorisation granted before this section comes into force.
3
At the end of section 392 of the Insolvency Act 1986 (c. 45) (authorisation of insolvency practitioner) there shall be added—
9
Subsection (3)(c) shall not have effect in respect of an application made to the Secretary of State (but this subsection is without prejudice to section 415A).
4
In section 440(2)(c) of that Act (provisions not extending to Scotland) after “415,” there shall be inserted “
415A(3),
”
.