The Insolvency (Amendment) Regulations 1991

Type Statutory-Instrument
Publication 1991-02-27
State In force
Department Queen's Printer of Acts of Parliament
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Made: 27th February 1991

Laid before Parliament: 11th March 1991

Coming into force: 2nd April 1991

The Secretary of State, in exercise of the powers conferred on him by rule 12.1 of the Insolvency Rules 1986[^f00001], hereby makes the following Regulations:–

Citation and commencement

1

These Regulations may be cited as the Insolvency (Amendment) Regulations 1991 and shall come into force on 2nd April 1991.

Interpretation

2

In these Regulations references to “the principal Regulations” are to the Insolvency Regulations 1986[^f00002].

Amendment of Regulation 20

3

There shall be substituted for Tables 1 and 2 set out in regulation 20(3) of the principal Regulations the following Tables 1 and 2 respectively–

Grade or Status of Official Total hourly rate
£
Official Receiver 44
Deputy Official Receiver 37
Senior Examiner 30
Senior Executive Officer 28
Examiner (D) 28
Higher Executive Officer 24
Examiner (E) 21
Executive Officer 20
Administrative Officer 16
Administrative Assistant 14
Grade or Status of Official Total hourly rate
--- ---
£
Official Receiver 30
Deputy Official Receiver 25
Senior Examiner 25
Examiner (D) 23
Senior Executive Officer 21
Higher Executive Officer 19
Examiner (E) 18
Executive Officer 16
Administrative Officer 13
Administrative Assistant 10

Signed

John Redwood — Minister of State, — Department of Trade and Industry — 27th February 1991

Explanatory note

(This note does not form part of the Regulations)

These Regulations further amend the Insolvency Regulations 1986. They increase broadly in line with inflation the rates of remuneration payable to the official receiver where he is an interim receiver or provisional liquidator or where he performs any duty as liquidator or trustee for which remuneration or a fee has not otherwise been set by statutory instrument.

Footnotes

[^f00001]: S.I. 1986/1925, amended by S.I. 1987/1919, S.I. 1989/397 and S.I. 1991/495

[^f00002]: S.I. 1986/1994, amended by S.I. 1987/1959 and S.I. 1988/1739.

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