
1 
These Regulations may be cited as the Distraint by Collectors (Fees, Costs and Charges) (Amendment) Regulations 1995 and shall come into force on 8th September 1995.
2 

(1) The Distraint by Collectors (Fees, Costs and Charges) Regulations 1994 shall be amended in accordance with paragraphs (2) and (3) below.
(2) In the Schedule to those Regulations for the words “The reasonable fees incurred” there shall be substituted the words “A sum not exceeding £12.50”.
(3) In the Schedule to those Regulations for the entries in the Table under the heading “4. Sale” there shall be substituted—“
Where the sale is held on the auctioneer’s premises, for the auctioneer’s commission (to include all out-of-pocket expenses other than charges for advertising, removal and storage). 15 per cent. on the sum realised plus the reasonable costs of advertising, removal and storage.
Where the sale is held on the debtor’s premises, for the auctioneer’s commission (not to include out-of-pocket expenses or charges for advertising). 7½ per cent. on the sum realised plus out-of-pocket expenses actually and reasonably incurred and the reasonable costs of advertising.”.
Simon Burns
David Willetts
Two of the Lords Commissioners of Her Majesty’s Treasury
17th August 1995