PART 18REPORTING AND REMUNERATION OF OFFICE-HOLDERS

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

Application for an increase etc. in remuneration: the general rule18

1

This rule applies to a request by an office-holder in accordance with rule 18.24 for an increase in the rate or amount of remuneration or a change in the basis.

2

Subject to the exceptions set out in rules 18.26 and 18.27, where the basis of the office-holder's remuneration has been fixed by the committee an administrator, liquidator or trustee may make such a request to the creditors for approval by a decision procedure.