The Insolvency (England and Wales) Rules 2016

Remuneration: variation of the application of rules 18.29, 18.30 and 18.32E+W

This section has no associated Explanatory Memorandum

18.33.—(1) This rule applies where the basis of remuneration has been fixed in accordance with rule 18.18(4) and all of the following apply—

(a)there is now, or is likely to be, sufficient property to enable a distribution to be made to unsecured creditors other than by virtue of section 176A(2)(a); and

(b)the administrator or liquidator in a winding up which immediately follows an administration makes a request under rule 18.29, 18.30 or 18.32.

(2) A request under 18.29, 18.30 or 18.32, must be made—

(a)where there is a committee, to the committee; or

(b)where there is no committee, to the creditors for a decision by decision procedure.