Insolvency Act

707. Rates of Official Receiver's fees

Edition: 2022-12-31 · In force

(1)The insolvency regulations may fix or prescribe the amount or rates of fees chargeable under section 706.

(2)Those regulations may, for example, prescribe—

(a)hourly or other rates;

(b)different rates for work done in the bankruptcy by different classes of persons;

(c)rates by reference to the net value of the assets realised by the Official Receiver together with other amounts as may be specified;

(d)rates for the performance of particular functions or the exercise of particular powers;

(e)rates by reference to any other criteria that may be specified.