Introductory text

Insolvency

Insolvency Practitioners

Made 16th March 2016

Laid before Parliament 22nd March 2016

Coming into force 15th April 2016

In accordance with section 391N(1) of the Insolvency Act 1986^f1 the Law Society has requested that an order be made to revoke the Insolvency Practitioners (Recognised Professional Bodies) Order 1986^f2 insofar as it declares that the Law Society is a recognised professional body under section 391 of the Insolvency Act 1986^f3. The Secretary of State is satisfied that it is appropriate in all the circumstances of the case to make that revocation.

The Secretary of State makes the following Order in exercise of the powers conferred by section 391N(1) of the Insolvency Act 1986.

In accordance with section 391N(3) of the Insolvency Act 1986 the Secretary of State published a notice specifying that the order is to take effect from 15th April 2016 and the reasons for making the Order.

Annotations

Footnotes

f1: 1986 c.45. Section 391N was inserted by the Small Business Enterprise and Employment Act 2015 (c.26), section 140.
f2: S.I. 1986/1764; this order is treated as being made under section 391(1) of the Insolvency Act 1986 as substituted by section 137(1) of the Small Business, Enterprise and Employment Act 2015 (c.26); see section 137(2) of the Small Business, Enterprise and Employment Act 2015; this order was amended by S.I. 2015/2067.
f3: Section 391 was replaced by the Small Business, Enterprise and Employment Act 2015, section 137(1).