Statutory Instruments
2024 No. 722
INSOLVENCY, ENGLAND AND WALES
The Insolvency (Amendment) Regulations 2024
Made
23rd May 2024
Laid before Parliament
29th May 2024
Coming into force
9th January 2025
Citation and commencement
1. These Regulations may be cited as the Insolvency (Amendment) Regulations 2024 and come into force on 9th January 2025.
Extent and application
2. —(1) These Regulations extend to England and Wales.
(2) These Regulations apply where services are provided by the official receiver or any of their officers on or after 9th January 2025 in relation to anything listed at regulation 35(1) (Official receiver's general remuneration while acting as interim receiver, provisional liquidator, liquidator or trustee) of the Insolvency Regulations 1994( 3 ), irrespective of when the relevant proceedings commenced.
Amendment of the Insolvency Regulations 1994
3. For Table 2 and Table 3 in Schedule 2 to the Insolvency Regulations 1994, substitute—
“Table 2
London Rates
| Grade according to the Insolvency Service grading structure/Status of Official | Total hourly rate £ |
|---|---|
| D/Official Receiver | 90 |
| C/Deputy Official Receiver / Senior Examiner | 76 |
| L/Examiner | 55 |
| B/Administrator / Analyst / Tracer | 55 |
| A/Administrator | 48 |
Table 3
Non-London Rates
| Grade according to the Insolvency Service grading structure/Status of Official | Total hourly rate £ |
|---|---|
| D/Official Receiver | 83 |
| C/Deputy Official Receiver / Senior Examiner | 70 |
| L/Examiner | 55 |
| B/Administrator / Analyst / Tracer | 52 |
| A/Administrator | 43” |
Kevin Hollinrake
Minister of State
Department for Business and Trade
23rd May 2024
S.I. 1994/2507 . Tables 2 and 3 were substituted by regulation 2 of S.I. 2009/482 .