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The Insolvency Proceedings (Fees) (Amendment) Order 2024

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Change 1

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As published

2 Amendment of the Insolvency Proceedings (Fees) Order 2016

(1) The Insolvency Proceedings (Fees) Order 2016 is amended as follows. (2) In article 2 (Interpretation), in the definition of “deposit”, in paragraph (d) for “£5,000” substitute “£13,500”. (3) In Schedule 1 (Fees payable in insolvency proceedings) in the second column of the Table of Fees (amount of fee or applicable %)— (a) in the entry next to “Bankruptcy – official receiver’s administration fee following debtor’s application”, for “£1,990” substitute “£2,390”; (b) in the entry next to “Bankruptcy – official receiver’s administration fee following creditor’s petition”, for “£2,775” substitute “£3,300”; (c) in the entry next to “Winding up by the court other than a winding up on a petition presented under section 124A – official receiver’s administration fee”, for “£5,000” substitute “£6,000”; (d) in the entry next to “Winding up by the court on a petition presented under section 124A – official receiver’s administration fee”, for “£7,500” substitute “£13,500”; (e) in the entry next to “Official receiver’s general fee”, for “£6,000” substitute “£7,200”.

Your change, as a redline

2 Amendment of the Insolvency Proceedings (Fees) Order 2016

(1) The Insolvency Proceedings (Fees) Order 2016 is amended as follows. (2) In article 2 (Interpretation), in the definition of “deposit”, in paragraph (d) for “£5,000” substitute “£13,500”. (3) In Schedule 1 (Fees payable in insolvency proceedings) in the second column of the Table of Fees (amount of fee or applicable %)— (a) in the entry next to “Bankruptcy – official receiver’s administration fee following debtor’s application”, for “£1,990” substitute “£2,390”; (b) in the entry next to “Bankruptcy – official receiver’s administration fee following creditor’s petition”, for “£2,775” substitute “£3,300”; (c) in the entry next to “Winding up by the court other than a winding up on a petition presented under section 124A – official receiver’s administration fee”, for “£5,000” substitute “£6,000”; (d) in the entry next to “Winding up by the court on a petition presented under section 124A – official receiver’s administration fee”, for “£7,500” substitute “£13,500”; (e) in the entry next to “Official receiver’s general fee”, for “£6,000” substitute “£7,200”.

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