Paragraph 10 Retention of bond by recognised professional body or competent authorityI1

Northern Ireland

(1)

F1F2The bond referred to in paragraph 3 or a copy shall be sent by the insolvency practitioner to—

(a)

any professional body recognised under Article 350 of the Order of which he is a member and the rules of membership of which entitle him to act as an insolvency practitioner; or

F3(b)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F4(2)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(3)

F5The bond referred to in paragraph 3 or a copy of it may be sent electronically.

Annotations

Textual amendments

F1: Sch. 2 para. 10 renumbered as Sch. 2 para. 10(1) (28.12.2009) by virtute of The Provision of Services (Insolvency Practitioners) Regulations (Northern Ireland) 2009 (S.R. 2009/401), reg. 1(1), Sch. para. 8(7)(a) (with reg. 4)
F2: Words in Sch. 2 para. 10(1) substituted (21.12.2020) by The Provision of Services (Amendment etc.) (EU Exit) Regulations 2018 (S.I. 2018/1329), regs. 1(1), 25(6)(a); 2020 c. 1, Sch. 5 para. 1(1)
F3: Sch. 2 para. 10(1)(b) omitted (4.11.2022) by virtue of The Insolvency Practitioners (Amendment) Regulations (Northern Ireland) 2022 (S.R. 2022/241), regs. 1, 11(b)
F4: Sch. 2 para. 10(2) omitted (31.12.2020) by virtue of The Provision of Services (Amendment etc.) (EU Exit) Regulations 2018 (S.I. 2018/1329), regs. 1(1), 25(6)(b); 2020 c. 1, Sch. 5 para. 1(1)
F5: Words in Sch. 2 para. 10(3) substituted (31.12.2020) by The Provision of Services (Amendment etc.) (EU Exit) Regulations 2018 (S.I. 2018/1329), regs. 1(1), 25(6)(c); 2020 c. 1, Sch. 5 para. 1(1)

Commencement

I1: Sch. 2 para. 10 in operation at 27.3.2006, see reg. 1