http://www.legislation.gov.uk/id/uksi/1990/439

http://www.legislation.gov.uk/uksi/1990/439/regulation/2/made

The Insolvency Practitioners Regulations 1990

Business practice and regulation

Employment regulations

Insolvency

Regulation and deregulation

Legislation

King's Printer of Acts of Parliament

2014-08-12

INSOLVENCY;INSOLVENCY PRACTITIONERS

These Regulations make provision for–the granting or refusal of applications made on or after 1st April 1990 to the competent authority (“the Secretary of State”) under the Insolvency Act 1986 (“the Act”) for authorisation to act as an insolvency practitioner; andthe withdrawal on or after that date of authorisations granted by the Secretary of State under the Act (regulations 3 to 10 and Schedule 1);the requirements to be prescribed under section 390(3) of the Act in respect of security or caution for the proper performance of the functions of an insolvency practitioner (regulations 11 to 15 and Schedule 2); andthe records to be kept by an insolvency practitioner in respect of the estate of each person in relation to whom the practitioner acts (regulations 16 to 20 and Schedule 3).

The Insolvency Practitioners Regulations 1990

Instrument

The Insolvency Practitioners (Amendment) Regulations 1993

reg.4(2)

The Insolvency Practitioners Regulations 1990

reg.12(1)(c)rev in pt and

The Insolvency Practitioners (Amendment) Regulations 1993

reg.5(b)

The Insolvency Practitioners Regulations 1990

reg.12(2)rev in pt and

The Insolvency Practitioners (Amendment) Regulations 1993

reg.5(c)

The Insolvency Practitioners Regulations 1990

reg.15A

The Insolvency Practitioners (Amendment) Regulations 1993

reg.9

The Insolvency Practitioners Regulations 1990

Sch.1 Pt I

para 1

The Insolvency Practitioners (Amendment) Regulations 1993

reg.3(2)

The Insolvency Practitioners Regulations 1990

Sch.2

Pt I(ii)(iii)

The Insolvency Practitioners (Amendment) Regulations 1993

reg.10

The Insolvency Practitioners Regulations 1990

Sch.3

para 7 (v)

(a)

The Insolvency Practitioners (Amendment) Regulations 1993

reg.11(c)

The Insolvency Practitioners Regulations 1990

Sch.3

para 7 (iv)

(a)

The Insolvency Practitioners (Amendment) Regulations 1993

reg.11(a)

The Insolvency Practitioners Regulations 1990

Sch.3

para 7 (iv)

(d)

The Insolvency Practitioners (Amendment) Regulations 1993

reg.U(b)

The Insolvency Practitioners Regulations 1990

Sch.3

para 7(v)(c)

The Insolvency Practitioners (Amendment) Regulations 1993

reg.11(d)

The Insolvency Practitioners Regulations 1990

reg 15A

The Insolvency Practitioners (Amendment) Regulations 2002

regs 2

The Insolvency Practitioners Regulations 1990

The Insolvency Practitioners Regulations 2005

reg 4

Sch 1

The Insolvency Practitioners Regulations 1990

Regulations

Limited Liability Partnerships Regulations 2001

Sch. 6 Pt. 2

para. 1

reg. 10(2)

reg. 1

PART 1INTRODUCTORY

Revocation2

1

The Insolvency Practitioners Regulations 198611 (“the principal Regulations”), the Insolvency Practitioners (Amendment) Regulations 198612, the Insolvency Practitioners (Amendment) Regulations 198913 and the Insolvency Practitioners (Amendment) (No. 2) Regulations 198914 are hereby revoked.

2

Notwithstanding paragraph (1), the said Regulations shall continue to apply and have effect in relation to:–

a

any application made before the commencement date in respect of which:–

i

no authorisation has been granted; or

ii

no written notice under section 397(2) of the Act has been given by the competent authority; or

iii

no written notice under section 398 of the Act has been given by the authority,

before the commencement date; or

b

any withdrawal of an authorisation pursuant to a notice under section 394(2) of the Act given before the commencement date.

3

Notwithstanding paragraph (1), the principal Regulations, other than Part II thereof, and the Insolvency Practitioners (Amendment) Regulations 1986 shall continue to apply and have effect in relation to any person appointed to act as an insolvency practitioner in relation to any person before the commencement date in so far as he continues so to act in relation to that person on or after the commencement date pursuant to that appointment or to a subsequent appointment to act as an insolvency practitioner within the scope of regulation 11 of the principal Regulations made on or after the commencement date.