The Insolvency Practitioners and Insolvency Services Account (Fees) (Amendment) Order 2009
This Order amends the Insolvency Practitioners and Insolvency Services Account (Fees) Order 2003 (“the principal Order”) by increasing fees to be paid in connection with the recognition by the Secretary of State of insolvency practitioners’ professional bodies and in connection with authorisation by the Secretary of State to act as an insolvency practitioner. It inserts a new fee where unclaimed or undistributed dividends or other monies are paid into the Insolvency Services Account following a voluntary winding up of a company and increases “banking fees” (i.e. periodic fees payable out of insolvent estates in respect of the payment of money into the Insolvency Services Account).