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The Insolvency Practitioners (Amendment) (No.2) Regulations 1989

S.I. 1989/2170 · Made 23 November 1989

Original text. legislation.gov.uk does not revise statutory instruments, so later amendments are not shown here. Changes made to it are listed under each provision when known.

INSOLVENCY

INSOLVENCY PRACTITIONERS

Made 23rd November 1989

Laid before Parliament 23rd November 1989

Coming into force 24th November 1989

The Secretary of State, in the exercise of the powers conferred on him by sections 393 and 419 of the Insolvency Act 1986f1, hereby makes the following Regulations:–

Annotations to the whole text

Footnotes

f1

1986 c. 45.

Contents

  1. 1Regulation 1
  2. 2Regulation 2
  3. Signature
  4. Explanatory note

1

These Regulations may be cited as the Insolvency Practitioners (Amendment) (No.2) Regulations 1989 and shall come into force on the day after they are laid before Parliament.

2

(1)

The Insolvency Practitioners Regulations 1986f1 shall be amended as follows.

(2)

In Regulation 6 (practical training and experience requirements for applicants), after paragraph (5) add–

“(5A)

For the purposes of paragraph (2) above, the reference to an insolvency practitioner in the definition of office-holder in Regulation 1(3) shall be construed in accordance with section 388 of the Act but without regard to subsection (5) of that section and references to an office-holder who has been appointed or to a person who has been appointed an office-holder shall include references to the official receiver in any case where the official receiver is or has been an office-holder whether by virtue of his office or otherwise.”.

Signature

John Redwood

Parliamentary Under-Secretary of State

Department of Trade and Industry

23rd November 1989

Explanatory note

(This note does not form part of the Regulations)

These Regulations amend the Insolvency Practitioners Regulations 1986 (the 1986 Regulations). For the purposes of Regulation 6(2) of the 1986 Regulations (which prescribes requirements with respect to practical training and experience), they amend the definition of “office-holder” and provide for the interpretation of references to the appointment of office-holders. The 1986 Regulations have been amended twice before, by S.I. 1986/2247 and S.I. 1989/1587.