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Regulation (EU) 2015/848 Article 40

Regulation (EU) 2015/848 Article 40

Advance payment of costs and expenses

Article 40

Where the law of the Member State in which the opening of secondary insolvency proceedings is requested requires that the debtor's assets be sufficient to cover in whole or in part the costs and expenses of the proceedings, the court may, when it receives such a request, require the applicant to make an advance payment of costs or to provide appropriate security.

Read the full instrument → · Read this in context: CHAPTER III — SECONDARY INSOLVENCY PROCEEDINGS →

Other provisions in CHAPTER III — SECONDARY INSOLVENCY PROCEEDINGS

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of 2026-07-04

CitationArticle 40 of Regulation (EU) 2015/848 (LawPlayer, data as of 2026-07-04)

© European Union, https://eur-lex.europa.eu, 1998-2026. Reuse authorised under Commission Decision 2011/833/EU, provided the source is acknowledged.

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