Changes to legislation: This is the original version (as it was originally made). This item of legislation is currently only available in its original format.

This Order further amends the Insolvency Fees Order 1986. It increases with effect from 24th October 1994 the deposits payable on presentation of a bankruptcy or winding-up petition, and the fee payable to an insolvency practitioner for the preparation of a report under section 274 of the Insolvency Act 1986. It inserts a provision that limits the fees payable for functions carried out by the official receiver as receiver and manager, and by the Secretary of State, where the bankruptcy debts and expenses are paid in full (or in the case of bankruptcy debts, are secured to the satisfaction of the court). It also changes the references to provisions of the Insolvency Regulations 1986 to references to the corresponding provisions in the Insolvency Regulations 1994 (S.I. 1994/2507) which revoke and replace the 1986 Regulations.

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