Money

Insolvency Account: interestI127

1

The following shall be inserted after paragraph 16 of Schedule 5 to the 1989 Order (company insolvency rules: money)—

16A

Provision enabling the Department to set the rate of interest paid on sums which have been paid into the Insolvency Account.

2

The following shall be inserted after paragraph 19 of Schedule 6 to the 1989 Order (individual insolvency rules: money)—

19A

Provision enabling the Department to set the rate of interest paid on sums which have been paid into the Insolvency Account.