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

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 fee	Description of fee and circumstances in which it is payable	Amount
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