| Commentary

73 Pre-administration costs

| Commentary

73 Pre-administration costs

Administrators will often incur substantial costs before they are appointed. Previous doubts about the recoverability of such costs are, in respect of administrations commencing after 6 April 2010, resolved by the Insolvency (Amendment) Rules 20101, whereby pre-administration costs are now treated as an expense of the administration, subject to various safeguards2.

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