Section 707 of Insolvency Act CAP 53: Rates of Official Receiver's fees
(1) The insolvency regulations may fix or prescribe the amount or rates of fees chargeable under section 706.
(2) Those regulations may, for example, prescribe—
(a) hourly or other rates;
(b) different rates for work done in the bankruptcy by different classes of persons;
(c) rates by reference to the net value of the assets realised by the Official Receiver together with other amounts as may be specified;
(d) rates for the performance of particular functions or the exercise of particular powers; (e) rates by reference to any other criteria that may be specified.
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