Article 4 Transitional cases – early applications for authorisation
This article applies to an application made to the Secretary of State pursuant to section 392 for the granting of an authorisation to act as an insolvency practitioner—
where the applicant was as at the date of its making the holder of an authorisation granted pursuant to section 393;
where the application was made—
after the date of the making of this Order but before the principal commencement date; and
more than three months before the expiry of the authorisation mentioned in sub-paragraph (a); and
in respect of which as at the principal commencement date no decision as to whether to grant or refuse it has been taken.
In respect of an application to which this article applies, there shall be paid to the Secretary of State by the applicant within 7 days of the principal commencement date a fee of £1,500.