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Explanatory Memorandum to Insolvency (Northern Ireland) Order 2005

Article 26: Fees

Paragraph (1) of Article 26 inserts a new Article 361A into the Insolvency (NI) Order 1989 thereby enabling the Department to charge fees for the recognition of bodies for the purpose of licensing insolvency practitioners (IPs), for the licensing of IPs by the Department itself and for the operation of the Insolvency Account.

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