Regulation 4 Amendments to the 1990 Regulations

In regulation 15A of the 1990 Regulations, after paragraph (2) there is inserted—

“(3)

In this regulation a reference to an insolvency practitioner obtaining his release or discharge includes any case where the insolvency practitioner—

(a)

has acted as nominee in relation to a voluntary arrangement under Part I or Part VIII of the Act; and

(b)

is replaced by another insolvency practitioner (whether acting as nominee or supervisor in relation to the voluntary arrangement in question).”.