The competent court may add the trustee, in the decision appointing him or in a subsequent decision, a provision on his compensation which cannot exceed forty percent (40%) of the estimated amount thereof. In any case, a portion of the compensation at least equal to sixty per cent (60%) may not be paid until the judicial composition is confirmed or, where appropriate, at the close of the procedure of liquidation of assets.
Decisions rendered by the competent court in respect of articles 4-17 to 4-20 shall be that may be brought for appeal before the competent court of the State Party within fifteen (15) days of their pronouncement at the request of the debtor, the judicial administrator or the prosecutor.
P. 17 of 139
Unofficial translation
Transcription: Spot-checked
In force from 24-12-2015
Source page 16
The document's transcription was spot-checked against the supplied source; this does not confirm a line-by-line review of every provision.
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Section 4-20 of the Acte uniforme portant organisation des procédures collectives d'apurement du passif/akn/ohada/act/loi/2015-09-10/aupcap-2015
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