Paragraph 4

“acting as an insolvency practitioner” shall be construed in accordance with section 388 of the Insolvency Act 1986^f1;

“partner” includes a member of a limited liability partnership;

“partnership” includes a limited liability partnership and a partnership constituted under the law of a country or a territory outside Great Britain;

a reference to “a receiver, or a receiver or manager, of the property of a company or other body corporate” includes a receiver, or (as the case may be) a receiver or manager, of part only of that property;

a person able, directly or indirectly, to control or materially to influence the operating and financial policy of another person shall be treated as having control of that other person; and

a body corporate is in the same group as another body corporate if it is a parent or subsidiary of that body corporate, or a subsidiary of a parent of that body corporate.