Expenses
This section has no associated Explanatory Memorandum
3.50.—(1) All fees, costs, charges and other expenses incurred in the course of the administration are to be treated as expenses of the administration.
(2) The expenses associated with the prescribed part must be paid out of the prescribed part.
(3) The cost of the security required by section 390(3) for the proper performance of the administrator’s functions is an expense of the administration.
(4) For the purposes of paragraph 99 of Schedule B1, a former administrator’s remuneration and expenses comprise all the items in rule 3.51(2).