The Insolvency (England and Wales) Rules 2016 No. 1024

PART 18 REPORTING AND REMUNERATION OF OFFICE-HOLDERS

CHAPTER 4 Remuneration and expenses in administration, winding up and bankruptcy

Remuneration: procedure for initial determination in a bankruptcy

18.21.—(1) This rule applies to the determination of the office-holder’s remuneration in a bankruptcy.

(2) It is for the committee to determine the basis of remuneration.

(3) If the committee fails to determine the basis of the remuneration or there is no committee then the basis of the remuneration may be fixed by a decision of the creditors by a decision procedure.