Regulation 7 Amendments to the Insolvency Practitioners Regulations (Northern Ireland) 2006I1

For paragraph (1) substitute—

“(1)

In respect of each case in which an insolvency practitioner acts, the insolvency practitioner shall maintain records containing information sufficient to show and explain—

(a)

the administration of that case by the insolvency practitioner and the insolvency practitioner’s staff; and

(b)

any decisions made by the insolvency practitioner which materially affect that case.”

In paragraph (2) substitute “paragraph (1)” for “Schedule (3) as is applicable to the case.”

Omit paragraph (3).