S.L. 386.21 · Companies Act (Company Reconstructions (S.L. 386.21)
S.L. 386.21 Art. 9Remuneration and expenses recoverable from the Fund.
(1) The remuneration and expenses of a Special
Controller in accordance with these regulations shall be paid from the
Fund in respect of the period of appointment established in accordance with article 329B(1)(d) up to a maximum of:
(a) two thousand five hundred euro (€2,500) as remuneration for the original period;
(b) one thousand five hundred euro (€1,500) as remuneration for the first extension; and
(c) one thousand euro (€1,000) as remuneration for the second extension.
(2) expenses which are deemed necessary for the continuation of the Company Recovery Procedure, considering the particular circumstances of each case, up to a maximum of five thousand euro (€5,000) may be paid from the Fund.
(3) The maximum cumulative amount claimed from the fund in accordance with paragraphs 1 and 2 in respect of each recovery procedure shall not exceed ten thousand euro (€10,000).
(4) The amounts referred to in this regulation are inclusive of value added tax.
(5) The limits mentioned in this paragraph may be increased by the Official Receiver acting upon a recommendation of the Court, in complex cases, or cases involving cross-border elements.
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- S.L. 386.21 Art. 329