Search Legislation

The Insolvency Proceedings (Fees) Order 2016

 Help about what version

What Version

 Help about advanced features

Advanced Features

 Help about opening options

Opening OptionsExpand opening options

Changes over time for: SCHEDULE 1

 Help about opening options

Changes to legislation:

There are currently no known outstanding effects for The Insolvency Proceedings (Fees) Order 2016, SCHEDULE 1. Help about Changes to Legislation

Article 3

SCHEDULE 1E+WFees payable in insolvency proceedings

This schedule has no associated Explanatory Memorandum

Commencement Information

I1Sch. 1 in force at 21.7.2016, see art. 1

Table of Fees

Description of fee and circumstances in which it is chargedAmount of fee or applicable %

Individual voluntary arrangement registration fee

On the registration by the Secretary of State of an individual voluntary arrangement made under Part 8 of the Act, the fee of—

£15

Application for a debt relief order – official receiver’s administration fee and costs of persons acting as approved intermediaries

On the application for a debt relief order, for the performance of the official receiver’s functions and for the payment of an amount not exceeding £10 in respect of the costs of persons acting as approved intermediaries under Part 7A of the Act, the fee of—

£90

Application for a bankruptcy order – adjudicator’s administration fee

On the application to the adjudicator for a bankruptcy order, for the performance of the adjudicator functions, the fee of—

£130

Bankruptcy – official receiver’s administration fee following debtor’s application

On the making of a bankruptcy order on a debtor’s application, for the performance of the official receiver’s duties as official receiver the fee of—

[F1£2,390]

Bankruptcy – official receiver’s administration fee following creditor’s petition

On the making of a bankruptcy order on a creditor’s petition, for the performance of the official receiver’s duties as official receiver the fee of—

[F2£3,300]

Bankruptcy – trustee in bankruptcy fee

For the performance of the official receiver’s duties while acting as trustee in bankruptcy of the bankrupt’s estate a fee calculated as a percentage of chargeable receipts realised by the official receiver in the capacity of trustee in bankruptcy at the rate of—

15%

Bankruptcy – income payments agreement fee

On entering into an income payments agreement with the official receiver under section 310A of the Act, the fee of—

£150

Bankruptcy –income payments order fee

On the making of an income payments order by the court under section 310 of the Act, the fee of—

£150

Winding up by the court other than a winding up on a petition presented under section 124A – official receiver’s administration fee

On the making of a winding-up order, other than on a petition presented under section 124A, for the performance of the official receiver’s duties as official receiver, including the duty to investigate and report on the affairs of bodies in liquidation, the fee of—

[F3£6,000]

Winding up by the court on a petition presented under section 124A – official receiver’s administration fee

On the making of a winding-up order on a petition presented under section 124A, for the performance of the official receiver’s duties as official receiver, including the duty to investigate and report on the affairs of bodies in liquidation, the fee of—

[F4£13,500]

Winding up – liquidator fee

For the performance of the official receiver’s duties while acting as liquidator of the insolvent estate a fee calculated as a percentage of chargeable receipts realised by the official receiver in the capacity of liquidator at the rate of—

15%

Official receiver’s general fee

On the making of a bankruptcy order or the making of a winding up order by the court for the costs not recovered out of the official receiver’s administration fee of administering—

(a)

bankruptcy orders,

(b)

winding up orders made by the court

the fee of—

[F5£7,200]

Back to top

Options/Help