Search Legislation

The Insolvency Practitioners and Insolvency Account (Fees) Order (Northern Ireland) 2006

 Help about what version

What Version

  • Latest available (Revised)
  • Original (As made)

Status:

This is the original version (as it was originally made). This item of legislation is currently only available in its original format.

Fees payable in connection with the operation of the Insolvency Account

2.  Fees shall be payable in relation to the operation of the Insolvency Account (including payments into and out of that account) in the circumstances set out in the following table—

Table

No. of feeDescription of fee and circumstances in which it is payableAmount
1.

Banking fee; winding up by the High Court and bankruptcy

Where in any bankruptcy or winding up by the High Court an account is maintained with the Department in respect of monies which may from time to time be paid into the Insolvency Account, there shall be payable out of the estate of the bankrupt or, as the case may be, the assets of the company on each payment date where the liquidator or the trustee is not the official receiver, a fee of—

£15
2.

Cheque etc. issue fee

Where a cheque, money order or payable order in respect of monies in the Insolvency Account is issued or reissued on the application of—

(a)

a liquidator pursuant to regulation 7 or 8;

(b)

a trustee pursuant to regulation 22 or 23; or

(c)

any persons claiming money in that account pursuant to regulation 33,

there shall be payable out of the assets of the company, the estate of the bankrupt or, as the case may be, by the claimant—

(i)where the application is made before the commencement date, a fee in respect of that cheque, money order or payable order of—

(ii)where the application is made on or after the commencement date, a fee in respect of that cheque, money order or payable order of—

£0.65

£0.80

3.

BACs etc. fee

On the making or remaking through the Bankers Automated Clearing System or any other electronic funds system of a transfer in respect of funds held in the Insolvency Account on an application made after 27th March 2006 by—

(d)

a liquidator pursuant to regulations 7 or 8;

(e)

a trustee pursuant to regulations 22 or 23; or

(f)

any person claiming any monies held in that Account pursuant to regulation 33,

there shall be payable out of the assets of the company, the estate of the bankrupt or, as the case may be, by the claimant a fee in respect of that transfer of—

£0.15

Back to top

Options/Help

Print Options

Close

Legislation is available in different versions:

Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.

Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.

Close

Opening Options

Different options to open legislation in order to view more content on screen at once

Close

More Resources

Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as enacted version that was used for the print copy
  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • correction slips
  • links to related legislation and further information resources
Close

More Resources

Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as made version that was used for the print copy
  • correction slips

Click 'View More' or select 'More Resources' tab for additional information including:

  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • links to related legislation and further information resources