Insolvency Citation and commencement 1 This Order may be cited as the Insolvency (Fees) (Amendment No. 2) Order (Northern Ireland) 2011 and comes into operation on 31st January 2012. Amendment of the Insolvency (Fees) Order (Northern Ireland) 2006 2 Subject to article 6, the Insolvency (Fees) Order (Northern Ireland) 2006 is amended in accordance with articles 3, 4 and 5. Fees payable to an insolvency practitioner appointed under Article 247 3 In article 5 for “£345” substitute “£450”. Reduction and refund of fees – individual voluntary arrangement following bankruptcy 4 In article 6 for “£462.50” substitute “£525”. Fees payable in connection with bankruptcies, debt relief orders, individual voluntary arrangements ... and winding up 5 In Schedule 2, in paragraph 2, in the Table of Fees— a in relation to the fee designated as B1, for “£925” substitute “£1,050”; b for the fee designated as B2 substitute— B2 Bankruptcy - Department’s administration fee applicable to bankruptcy orders made on or after 31st January 2012 For the performance by the Department of its general duties under the insolvency legislation in relation to the administration of the estate of each bankrupt, there shall be payable a fee calculated in accordance with the following scale as a percentage of chargeable receipts relating to the bankruptcy (but ignoring that part of the chargeable receipts which exceeds the bankruptcy ceiling) at the rate of— 0% of the first £2,000 100% of the next £1,700 75% of the next £1,500 15% of the next £396,000 1% of the remainder, subject to a maximum of £80,000 ; c in relation to the fee designated as W1, for “£1,615” substitute “£1,800”; d for the fee designated as W2 substitute— W2 Winding up by the court - Department’s administration fee applicable to winding up orders made on or after 31st January 2012 For the performance by the Department of its general duties under the insolvency legislation in relation to the administration of the affairs of each company which is being wound up by the court, there shall be payable a fee calculated in accordance with the following scale as a percentage of chargeable receipts relating to the company at the rate of— 0% of the first £2,000 100% of the next £1,700 75% of the next £1,500 15% of the next £396,000 1% of the remainder, subject to a maximum of £80,000 . Transitional provisions 6 1 The amendments made by articles 3 to 5 apply as set out in paragraphs (2) to (4). 2 The amendment made by article 3 only applies to reports submitted to the court in respect of debtors’ petitions presented on or after 31st January 2012. 3 The amendment made by article 4 only applies to petitions presented on or after 31st January 2012. 4 The amendments made by article 5 only apply in respect of bankruptcy and winding-up orders made on or after 31st January 2012. Sealed with the Official Seal of the Department of Enterprise, Trade and Investment on 4th November 2011. Michael J Bohill A senior officer of the Department of Enterprise, Trade and Investment The Department of Finance and Personnel concurs. Sealed with the Official Seal of the Department of Finance and Personnel on 4th November 2011. Michael Daly A senior officer of the Department of Finance and Personnel