{
  "url": "https://openlegislation.uk/insolvency-rules-1986/rule-12.8",
  "json_url": "https://openlegislation.uk/insolvency-rules-1986/rule-12.8.json",
  "legislation": "uksi/1986/1925",
  "legislation_title": "The Insolvency Rules 1986",
  "legislation_url": "https://openlegislation.uk/insolvency-rules-1986",
  "path": "rule/12.8",
  "kind": "rule",
  "number": "12.8",
  "heading": "Insolvency practitioner's security",
  "text": "(1) Wherever under the Rules any person has to appoint, or certify the appointment of, an insolvency practitioner to any office, he is under a duty to satisfy himself that the person appointed or to be appointed has security for the proper performance of his functions.\n(2) It is the duty—\n(a) of the creditors' committee in companies administration, administrative receivership and bankruptcy,\n(b) of the liquidation committee in companies winding up, and\n(c) of any committee of creditors established for the purposes of a voluntary arrangement under Part I or VIII of the Act,\nto review from time to time the adequacy of the responsible insolvency practitioner's security.\n(3) In any insolvency proceedings the cost of the responsible insolvency practitioner's security shall be defrayed as an expense of the proceedings.",
  "extent": "E+W",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Rule 12.8 in force at 29.12.1986, see rule 0.1"
    }
  ],
  "outstanding_effects": [
    {
      "type": "substituted for rule 4.54(5)",
      "affecting": "uksi/2010/686",
      "affecting_title": "The Insolvency (Amendment) Rules 2010"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1986/1925/rule/12.8",
    "retrieved_at": "2026-10-29T16:38:55.219722+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}