Money

FeesI126

1

The following shall be inserted after Article 361 of the 1989 Order (fees orders)—

Fees orders (supplementary)361A

1

The Department—

a

may, with the concurrence of the Department of Finance and Personnel, by order subject to negative resolution require a body to pay a fee in connection with the grant or maintenance of recognition of the body under Article 350, and

b

may refuse recognition, or revoke an order of recognition under Article 350(1) by a further order, where a fee is not paid.

2

The Department—

a

may, with the concurrence of the Department of Finance and Personnel, by order subject to negative resolution require a person to pay a fee in connection with the grant or maintenance of authorisation of the person under Article 352, and

b

may disregard an application or withdraw an authorisation where a fee is not paid.

3

The Department may by order subject to negative resolution require the payment of fees in respect of—

a

the operation of the Insolvency Account;

b

payments into and out of that Account.

4

The Department of Finance and Personnel may direct by whom and in what manner the fees are to be collected and accounted for.

5

Paragraphs (3) and (5) of Article 361 apply to fees under this Article as they apply to fees under that Article.

6

Nothing in this Article prejudices the provision contained in Article 361.

2

An order made by virtue of paragraph (1) may relate to the maintenance of recognition or authorisation granted before this Article comes into operation.

3

At the end of Article 351 of the 1989 Order (authorisation of insolvency practitioner) there shall be added—

9

Paragraph (3)(c) shall not have effect in respect of an application made to the Department (but this paragraph is without prejudice to Article 361A).