PART 3ADMINISTRATION

CHAPTER 14Reporting and Remuneration

Creditor’s claim that remuneration is excessive3.100

1

If the administrator’s remuneration and outlays have been fixed by the creditors’ committee or by the creditors, any creditor or creditors of the company representing in value at least 25 percent of the creditors may apply to the court not later than eight weeks after the end of an accounting period for an order that the administrator’s remuneration or outlays be reduced on the grounds that they are, in all the circumstances, excessive.

2

The court may make an order fixing the remuneration or outlays at a reduced amount or rate.

3

The court may order the expenses of the creditor making the application to be paid as an expense of the administration.