# Insolvency Act 1986, Section 389: Acting without qualification an offence.

Extent: E+W+S

(1) A person who acts as an insolvency practitioner in relation to a company or an individual at a time when he is not qualified to do so is liable to imprisonment or a fine, or to both.
(1A) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(2) This section does not apply to the official receiver or the Accountant in Bankruptcy (within the meaning of the Bankruptcy (Scotland) Act 2016)..

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Source: https://www.legislation.gov.uk/ukpga/1986/45/section/389 (the official version)
Page: https://openlegislation.uk/insolvency-act-1986/section-389
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.