# Insolvency Act 1986, Section 413: Insolvency Rules Committee.

Extent: E+W

(1) The committee established under section 10 of the Insolvency Act 1976 (advisory committee on bankruptcy and winding-up rules) continues to exist for the purpose of being consulted under this section.
(2) The Lord Chancellor shall consult the committee before making any rules under section 411 or 412 other than rules which contain a statement that the only provision made by the rules is provision applying rules made under section 411, with or without modifications, for the purposes of provision made by section any of sections 23 to 26 of the Water Industry Act 1991 or Schedule 3 to that Act or by any of sections 59 to 65 of, or Schedule 6 or 7 to, the Railways Act 1993..
(3) Subject to the next subsection, the committee shall consist of—
(a) a judge of the High Court attached to the Business and Property Division;
(b) a circuit judge;
(c) an insolvency and companies court judge;
(d) a district judge;
(e) a practising barrister;
(f) a practising solictor; and
(g) a practising accountant;
and the appointment of any person as a member of the committee shall be made in accordance with subsection (3A) or (3B).
(3A) The Lord Chief Justice must appoint the persons referred to in paragraphs (a) to (d) of subsection (3), after consulting the Lord Chancellor.
(3B) The Lord Chancellor must appoint the persons referred to in paragraphs (e) to (g) of subsection (3), after consulting the Lord Chief Justice.
(4) The Lord Chancellor may appoint as additional members of the committee any persons appearing to him to have qualifications or experience that would be of value to the committee in considering any matter with which it is concerned.
(5) The Lord Chief Justice may nominate a judicial office holder (as defined in section 109(4) of the Constitutional Reform Act 2005) to exercise his functions under this section.

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Source: https://www.legislation.gov.uk/ukpga/1986/45/section/413 (the official version)
Page: https://openlegislation.uk/insolvency-act-1986/section-413
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.