1. Member States shall specify who bears the expenses incurred by creditors’ committees or their individual members in exercising the function referred to in Article 48.
2. Where the expenses referred to in paragraph 1 are borne by an insolvency estate, Member States shall ensure that the creditors’ committee or its individual members keep a record of such expenses and the court or competent authority or insolvency practitioner has the authority to limit unjustified or disproportionate expenses.
3. Where Member States allow members of a creditors’ committee to be remunerated and such remuneration is borne by an insolvency estate, they shall ensure that the remuneration is proportionate to the function performed.
Text as published in the Official Journal, reproduced verbatim (including any typographical quirks of the source). For the authentic version, see EUR-Lex.