The Insolvency Proceedings (Fees) (Amendment) Order 2007

Transitional provisions

4.—(1) The amendments made by articles 2 and 3 of this Order shall apply as set out below.

(2) The amendment made by article 2(2) shall only apply to reports submitted to the court in respect of debtors’ petitions presented on or after the commencement date.

(3) The amendments made by sub-paragraphs (a), (b) and (c) of article 2(3), increasing the fees prescribed by article 6 of the principal Order, shall only apply to petitions presented on or after the commencement date.

(4) The amendment made by article 2(4), reducing the fee prescribed by article 7(1) of the principal Order, shall only apply to notifications sent to the official receiver on or after the commencement date.

(5) The amendment made by article 2(5), describing the level to which the official receiver’s administration fee B1 is to be reduced where proposals made by a bankrupt for an individual voluntary arrangement are approved by the bankrupt’s creditors, shall only apply to those cases in which the bankruptcy order relating to the bankrupt was made on or after the commencement date.

(6) The amendment made by article 2(6) to the definition of “the bankruptcy ceiling” shall only apply in respect of bankruptcy orders made on or after the commencement date.

(7) The amendment made by article 2(7)(a), reducing the fee designated as fee IVA1, shall only apply to a voluntary arrangement under Part VIII of the Insolvency Act 1986 in respect of which information required to be submitted to the Secretary of State by virtue of Part 5 of the Insolvency Rules 1986(1) is first submitted in relation to that arrangement on or after the commencement date.

(8) The amendment made by article 2(7)(b) shall only apply in respect of bankruptcy orders made on or after the commencement date.

(9) The amendment made by article 2(7)(c) shall only apply in respect of winding-up orders made on or after the commencement date.

(10) The revocations made by article 3 take effect save as respects any fee or percentage due or payable before the commencement date under the Orders or entries referred to.

(1)

S.I. 1986/1925, as amended by S.I.s 1987/1919, 1989/397, 1991/495, 1993/602, 1995/586, 1991/359, 1999/1022, 2001/763, 2002/1307, 2002/2712, 2003/1730, 2004/584, 2004/1070, 2005/527 and 2006/1272.