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Section 405: Costs and fees of Official Receiver

Insolvency Act · PART IX: MISCELLANEOUS

consolidated text (as at 2017, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

405. Costs and fees of Official Receiver (1) (a) The fees fixed by Schedule A to the Legal Fees and Costs Rules 1990 shall be levied by the Official Receiver out of the debtor’s estate and shall be paid into the Consolidated Fund; (b) Such fees shall be paid as a preferential claim as provided by the Fourth Schedule. (2) Subject to subsection (1), necessary disbursements made by the Official Receiver when acting under this Act (the amount of these disbursements shall be settled by the Court) shall be paid out of the estate, if sufficient, and otherwise shall be payable by the petitioning creditor and recoverable upon a certificate of the amount allowed by the Court.

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