Insolvency Service Disqualification Unit

HC Deb 09 February 1999 vol 325 cc208-9W

Mr. Chope

To ask the Secretary of State for Trade and Industry what the income and expenditure of the Insolvency Service has been in each of the last three years attributable to the disqualification of directors; and what proportion of the costs were borne by(a) the Disqualification Unit of the Insolvency Service and (b) official receivers. [69641]

Dr. Howells

The income attributable to the disqualification of directors is the recovery of costs awarded against disqualified directors and is shown in the annual published accounts of The Insolvency Service as follows:

Year	£000
1995–96	479
1996–97	671
1997–98	1,456

The expenditure of The Insolvency Service attributable to the disqualification of directors is as follows:

	£000	£000	Disqualification Unit official receivers total
1995–96	10,185	4,878	15,063
1996–97	14,885	4,218	19,103
1997–98	17,727	4,286	22,013

The Insolvency Service is funded through the DTI's Vote.