Part 10

Insolvency

Money

Insolvency Services Account: interest
271
1
The following shall be inserted after paragraph 16 of Schedule 8 to the Insolvency Act 1986 (company insolvency rules: money)—
16A
Provision enabling the Secretary of State to set the rate of interest paid on sums which have been paid into the Insolvency Services Account.
2
The following shall be inserted after paragraph 21 of Schedule 9 to the Insolvency Act 1986 (individual insolvency rules: money)—
21A
Provision enabling the Secretary of State to set the rate of interest paid on sums which have been paid into the Insolvency Services Account.