The Insolvency Practitioners and Insolvency Services Account (Fees) (Amendment) Order 2012

• Citation: S.I. 2012/2264
• Sections: 2

Section 1 Citation and Commencement

This Order may be cited as the Insolvency Practitioners and Insolvency Services Account (Fees) (Amendment) Order 2012 and comes into force on 1st October 2012.

Section 2 Amendment to the Insolvency Practitioners and Insolvency Services Account (Fees) Order 2003

(1) The Insolvency Practitioners and Insolvency Services Account (Fees) Order 2003 is amended as follows.

(2) In the table of fees in paragraph 2 of the Schedule to that Order—

(a) in relation to fee No. 1 (banking fee; winding up by the court and bankruptcy), for “£18” in the third column substitute “£22”;

(b) in relation to fee No. 2 (banking fee; voluntary winding up), for “£23” in the third column substitute “£25”;

(c) in relation to each of fee Nos. 2A to 2C (payment of unclaimed dividends or other money – administration, administrative receivership and voluntary winding up, respectively), for “£25” in the third column substitute “£25.75”;

(d) in relation to fee No. 3 (cheque etc. issue fee), for “£1” in the third column payable in respect of item (ii) substitute “£1.10”; and

(e) in relation to fee No. 4 (electronic funds systems ( CHAPS and BACs etc.) fees), for “£10” in the third column payable in respect of item (i) substitute “£10.30”.