Introductory text

Insolvency Practitioners

Made 10th January 2017

Coming into operation 11th January 2017

The Department for the Economy^f1 in exercise of the powers conferred on it by Articles 350(1) and 350N of the Insolvency (Northern Ireland) Order 1989^f2 makes the following Order.

In accordance with Article 350N(1) of the Insolvency (Northern Ireland) Order 1989 the Law Society has requested that an order be made to revoke the Insolvency Practitioners (Recognised Professional Bodies) Order (Northern Ireland) 1991^f3 insofar as it declares that the Law Society is a recognised professional body under Article 350 of the Insolvency (Northern Ireland) Order 1989. The Department is satisfied that it is appropriate in all the circumstances of the case to make that revocation.

In accordance with Article 350N(3) of the Insolvency (Northern Ireland) Order 1989 the Department published a notice specifying that the Order is to take effect from 11^th January 2017 and the reasons for making the Order.

Annotations

Footnotes

f1: Formerly the Department of Enterprise, Trade and Investment; see section 1(3) of the Departments Act (Northern Ireland) 2016 (2016 c. 5(N.I.))
f2: S.I. 1989/2405 (N.I. 19), Article 350 was substituted by section 14(4) of the Insolvency (Amendment) Act (Northern Ireland) 2016 (2016 c.2 (N.I.) and Article 350N was inserted by section 17(1) of that Act
f3: S.R. 1991 No. 301 is treated as made under Article 350(1) and (5) of the Insolvency (Northern Ireland) Order 1989 as substituted by section 14(4) of the Insolvency (Amendment) Act (Northern Ireland) 2016