# The Insolvency Practitioners Regulations (Northern Ireland) 2006, Paragraph 8ZC: Minimum SPS indemnity period


(1) The length of any SPS indemnity period must be no less than 6 years beginning with the date of the insolvency practitioner’s appointment to act in a case, provided the SPS indemnity period can be extended for further periods with the consent of the surety.
(2) Where the surety is asked to give its consent, such consent must not be unreasonably withheld, but may be given subject to reasonable conditions, including payment of an additional premium.

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Source: https://www.legislation.gov.uk/nisr/2006/33/schedule/2/paragraph/8ZC (the official version)
Page: https://openlegislation.uk/insolvency-practitioners-regulations-northern-ireland-2006/schedule-2/paragraph-8ZC
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.