Annual Report 2007
Funding
The members of the insolvency profession fund the IPC – the levy being equivalent
to £50 per insolvency licence
holder. The levy has remained at this level for four years. The IPC is run on
a tight budget and benefits from the support and hospitality of some of its members
and R3. It is also supported by the Trustees of the Barbican Settlement of Farringdon
Insurance Company Limited who made grants for future research and the attendance
by IPC lay members on training courses, mainly those run by R3, during 2007.
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