Statutory Rule 1992 No. 398

The Insolvency (Fees) (Amendment) Order (Northern Ireland) 1992

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Crown Copyright 1992

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1992 No. 398

INSOLVENCY

The Insolvency (Fees) (Amendment) Order (Northern Ireland) 1992

To be laid before Parliament under paragraph 3(3) of Schedule 1 to the Northern Ireland Act 1974^[1]

The Department of Economic Development^[2], in exercise of the powers conferred on it by Article 361(1), (3) and (4) of the Insolvency (Northern Ireland) Order 1989^[3] and of every other power enabling it in that behalf, with the concurrence of the Department of Finance and Personnel, hereby makes the following Order:

Citation and commencement
    1.    This Order may be cited as the Insolvency (Fees) (Amendment) Order (Northern Ireland) 1992 and shall come into operation on 1st November 1992.

Amendment of the Insolvency (Fees) Order (Northern Ireland) 1991
    2.    The Schedule to the Insolvency (Fees) Order (Northern Ireland) 1991^[4] shall be amended—


(a)  by inserting, immediately after Fee No. 6 in Part I, the new Fee No. 6A in the Schedule;


(b)  by substituting for the words "(vi) on all further amounts . . . per cent 1.50"shown in relation to Fee No. 8 in Part I, the words—


"(vi)  on the next £15,000,000 or fraction thereof.......... per cent 1.50



(vii)  on the next £30,000,000 or fraction thereof.......... per cent 0.25



(viii)  on all further amounts.......... per cent 0.10" ;



(c)  by inserting immediately after Fee No. 8 in Part I, the new Fee No. 9 in the Schedule;


(d)  by inserting, immediately after Fee No. 17 in Part II, the new Fee No. 17A in the Schedule;


(e)  by substituting for the words "(f) on all further amounts.......... per cent 1.50" shown in relation to Fee No. 19 in Part II, the words—


"(f)  on the next £15,000,000 or fraction thereof.......... per cent 1.50



(g)  on the next £30,000,000 or fraction thereof.......... per cent 0.25



(h)  on all further amounts.......... per cent 0.10" .

Sealed with the Official Seal of the Department of Economic Development on
15th September 1992.

L.S.
A.H. McAlister

Assistant Secretary

The Department of Finance and Personnel hereby concurs with the foregoing Order.
Sealed with the Official Seal of the Department of Finance and Personnel on
15th September 1992.

L.S.
J. H. Caldwell

Assistant Secretary

[1] 1974 c. 28 back

[2] See Article 2(2) of S.I. 1989/2405 (N.I. 19) back

[3] S.I. 1989/2405 (N.I. 19) back

[4] S.R. 1991 No 385 back

Explanatory Note