Statutory Instrument 1991 No. 380

The Insolvency (Amendment) Regulations 1991

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© Crown Copyright 1991

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1991 No. 380

INSOLVENCY
COMPANIES
INDIVIDUALS, ENGLAND AND WALES

The Insolvency (Amendment) Regulations 1991

The Secretary of State, in exercise of the powers conferred on him by rule 12.1 of the Insolvency Rules 1986^[1], 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^[2].

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-
Table 1

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


Table 2

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

John Redwood

Minister of State, Department of Trade and Industry

27th February 1991

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.

[1] S.I. 1986/1925, amended by S.I. 1987/1919, S.I. 1989/397 and S.I. 1991/495 back

[2] S.I. 1986/1994, amended by S.I. 1987/1959 and S.I. 1988/1739. back