http://www.legislation.gov.uk/nia/2016/2/section/17/2016-04-01Insolvency (Amendment) Act (Northern Ireland) 2016An Act to amend the law relating to insolvency; and for connected purposes.texttext/xmlenStatute Law Database2023-01-10Expert Participation2016-04-01 <Emphasis>Miscellaneous</Emphasis>Recognised professional bodies: revocation of recognition171After Article 350K of the Insolvency Order (inserted by section 16) insert—<Emphasis>Revocation <Abbreviation Expansion="et cetera" xml:lang="la">etc.</Abbreviation> of recognition</Emphasis>Revocation of recognition at instigation of Department350L1An order under Article 350(1) or (2) in relation to a recognised professional body may be revoked by the Department by order if the Department is satisfied that—aan act or omission of the body (or a series of such acts or omissions) in discharging one or more of its regulatory functions has had, or is likely to have, an adverse impact on the achievement of one or more of the regulatory objectives; andbit is appropriate in all the circumstances of the case to revoke the body's recognition under Article 350.2If the condition set out in paragraph (3) is met, an order under Article 350(1) in relation to a recognised professional body may be revoked by the Department by an order which also declares the body concerned to be a recognised professional body which is capable of providing its insolvency specialist members with partial authorisation only of the kind specified in the order (see Article 349A(1)).3The condition is that the Department is satisfied—aas mentioned in paragraph (1)(a); andbthat it is appropriate in all the circumstances of the case for the body to be declared to be a recognised professional body which is capable of providing its insolvency specialist members with partial authorisation only of the kind specified in the order.4In this Part—aan order under paragraph (1) is referred to as a “revocation order”;ban order under paragraph (2) is referred to as a “partial revocation order”.5A revocation order or partial revocation order—ahas effect from such date as is specified in the order; andbmay make provision for members of the body in question to continue to be treated as fully or partially authorised (as the case may be) to act as insolvency practitioners for a specified period after the order takes effect.6A partial revocation order has effect as if it were an order made under Article 350(2).Orders under Article 350L: procedure350M1Before making a revocation order or partial revocation order in relation to a recognised professional body, the Department must give notice to the body—astating that the Department proposes to make the order and the terms of the proposed order;bspecifying the Department's reasons for proposing to make the order; andcspecifying a period within which the body, members of the body or other persons likely to be affected by the proposal may make written representations with respect to it.2Where the Department gives a notice under paragraph (1), the Department must publish the notice on the same day.3The period specified under paragraph (1)(c)—amust begin with the date on which the notice is given to the body; andbmust not be less than 28 days.4On the expiry of that period, the Department must decide whether to make the revocation order or (as the case may be) partial revocation order in relation to the body.5The Department must give notice of the decision to the body.6Where the Department decides to make the order, the notice under paragraph (5) must specify—awhen the order is to take effect; andbthe Department's reasons for making the order.7A notice under paragraph (5) must be published; and it must (if possible) be published in the same manner as that in which the notice under paragraph (1) was published.Revocation of recognition at request of body350N1An order under Article 350(1) or (2) in relation to a recognised professional body may be revoked by the Department by order if—athe body has requested that an order be made under this paragraph; andbthe Department is satisfied that it is appropriate in all the circumstances of the case to revoke the body's recognition under Article 350.2An order under Article 350(1) in relation to a recognised professional body may be revoked by the Department by an order which also declares the body concerned to be a recognised professional body which is capable of providing its insolvency specialist members with partial authorisation only of the kind specified in the order (see Article 349A(1)) if—athe body has requested that an order be made under this paragraph; andbthe Department is satisfied that it is appropriate in all the circumstances of the case for the body to be declared to be a recognised professional body which is capable of providing its insolvency specialist members with partial authorisation only of the kind specified in the order.3Where the Department decides to make an order under this Article the Department must publish a notice specifying—awhen the order is to take effect; andbthe Department's reasons for making the order.4An order under this Article—ahas effect from such date as is specified in the order; andbmay make provision for members of the body in question to continue to be treated as fully or partially authorised (as the case may be) to act as insolvency practitioners for a specified period after the order takes effect.5An order under paragraph (2) has effect as if it were an order made under Article 350(2)..2In Article 361A of the Insolvency Order (fees orders (supplementary)), after paragraph (5) insert—5AArticle 350M applies for the purposes of an order under paragraph (1)(b) as it applies for the purposes of a revocation order made under Article 350L..S. 17 in operation at 1.4.2016 by S.R. 2016/203, art. 2
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<Title>
<Emphasis>Miscellaneous</Emphasis>
</Title>
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<Title>Recognised professional bodies: revocation of recognition</Title>
<P1 DocumentURI="http://www.legislation.gov.uk/nia/2016/2/section/17/2016-04-01" IdURI="http://www.legislation.gov.uk/id/nia/2016/2/section/17" id="section-17">
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17
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<Pnumber>1</Pnumber>
<P2para>
<Text>After Article 350K of the Insolvency Order (inserted by section 16) insert—</Text>
<BlockAmendment TargetClass="secondary" TargetSubClass="order" Context="main" Format="default">
<Pblock>
<Title>
<Emphasis>
Revocation
<Abbreviation Expansion="et cetera" xml:lang="la">etc.</Abbreviation>
of recognition
</Emphasis>
</Title>
<P1group>
<Title>Revocation of recognition at instigation of Department</Title>
<P1>
<Pnumber PuncAfter="">350L</Pnumber>
<P1para>
<P2>
<Pnumber>1</Pnumber>
<P2para>
<Text>An order under Article 350(1) or (2) in relation to a recognised professional body may be revoked by the Department by order if the Department is satisfied that—</Text>
<P3>
<Pnumber>a</Pnumber>
<P3para>
<Text>an act or omission of the body (or a series of such acts or omissions) in discharging one or more of its regulatory functions has had, or is likely to have, an adverse impact on the achievement of one or more of the regulatory objectives; and</Text>
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<Text>it is appropriate in all the circumstances of the case to revoke the body's recognition under Article 350.</Text>
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<Pnumber>2</Pnumber>
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<Text>If the condition set out in paragraph (3) is met, an order under Article 350(1) in relation to a recognised professional body may be revoked by the Department by an order which also declares the body concerned to be a recognised professional body which is capable of providing its insolvency specialist members with partial authorisation only of the kind specified in the order (see Article 349A(1)).</Text>
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<Pnumber>3</Pnumber>
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<Text>The condition is that the Department is satisfied—</Text>
<P3>
<Pnumber>a</Pnumber>
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<Text>as mentioned in paragraph (1)(a); and</Text>
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<Pnumber>b</Pnumber>
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<Text>that it is appropriate in all the circumstances of the case for the body to be declared to be a recognised professional body which is capable of providing its insolvency specialist members with partial authorisation only of the kind specified in the order.</Text>
</P3para>
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<P2>
<Pnumber>4</Pnumber>
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<Text>In this Part—</Text>
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<Pnumber>a</Pnumber>
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<Text>
an order under paragraph (1) is referred to as a “
<Term>revocation order</Term>
”;
</Text>
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<Pnumber>b</Pnumber>
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<Text>
an order under paragraph (2) is referred to as a “
<Term>partial revocation order</Term>
”.
</Text>
</P3para>
</P3>
</P2para>
</P2>
<P2>
<Pnumber>5</Pnumber>
<P2para>
<Text>A revocation order or partial revocation order—</Text>
<P3>
<Pnumber>a</Pnumber>
<P3para>
<Text>has effect from such date as is specified in the order; and</Text>
</P3para>
</P3>
<P3>
<Pnumber>b</Pnumber>
<P3para>
<Text>may make provision for members of the body in question to continue to be treated as fully or partially authorised (as the case may be) to act as insolvency practitioners for a specified period after the order takes effect.</Text>
</P3para>
</P3>
</P2para>
</P2>
<P2>
<Pnumber>6</Pnumber>
<P2para>
<Text>A partial revocation order has effect as if it were an order made under Article 350(2).</Text>
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<Title>Orders under Article 350L: procedure</Title>
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<P2>
<Pnumber>1</Pnumber>
<P2para>
<Text>Before making a revocation order or partial revocation order in relation to a recognised professional body, the Department must give notice to the body—</Text>
<P3>
<Pnumber>a</Pnumber>
<P3para>
<Text>stating that the Department proposes to make the order and the terms of the proposed order;</Text>
</P3para>
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<Pnumber>b</Pnumber>
<P3para>
<Text>specifying the Department's reasons for proposing to make the order; and</Text>
</P3para>
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<P3>
<Pnumber>c</Pnumber>
<P3para>
<Text>specifying a period within which the body, members of the body or other persons likely to be affected by the proposal may make written representations with respect to it.</Text>
</P3para>
</P3>
</P2para>
</P2>
<P2>
<Pnumber>2</Pnumber>
<P2para>
<Text>Where the Department gives a notice under paragraph (1), the Department must publish the notice on the same day.</Text>
</P2para>
</P2>
<P2>
<Pnumber>3</Pnumber>
<P2para>
<Text>The period specified under paragraph (1)(c)—</Text>
<P3>
<Pnumber>a</Pnumber>
<P3para>
<Text>must begin with the date on which the notice is given to the body; and</Text>
</P3para>
</P3>
<P3>
<Pnumber>b</Pnumber>
<P3para>
<Text>must not be less than 28 days.</Text>
</P3para>
</P3>
</P2para>
</P2>
<P2>
<Pnumber>4</Pnumber>
<P2para>
<Text>On the expiry of that period, the Department must decide whether to make the revocation order or (as the case may be) partial revocation order in relation to the body.</Text>
</P2para>
</P2>
<P2>
<Pnumber>5</Pnumber>
<P2para>
<Text>The Department must give notice of the decision to the body.</Text>
</P2para>
</P2>
<P2>
<Pnumber>6</Pnumber>
<P2para>
<Text>Where the Department decides to make the order, the notice under paragraph (5) must specify—</Text>
<P3>
<Pnumber>a</Pnumber>
<P3para>
<Text>when the order is to take effect; and</Text>
</P3para>
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<Pnumber>b</Pnumber>
<P3para>
<Text>the Department's reasons for making the order.</Text>
</P3para>
</P3>
</P2para>
</P2>
<P2>
<Pnumber>7</Pnumber>
<P2para>
<Text>A notice under paragraph (5) must be published; and it must (if possible) be published in the same manner as that in which the notice under paragraph (1) was published.</Text>
</P2para>
</P2>
</P1para>
</P1>
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<Title>Revocation of recognition at request of body</Title>
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<Pnumber PuncAfter="">350N</Pnumber>
<P1para>
<P2>
<Pnumber>1</Pnumber>
<P2para>
<Text>An order under Article 350(1) or (2) in relation to a recognised professional body may be revoked by the Department by order if—</Text>
<P3>
<Pnumber>a</Pnumber>
<P3para>
<Text>the body has requested that an order be made under this paragraph; and</Text>
</P3para>
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<Text>the Department is satisfied that it is appropriate in all the circumstances of the case to revoke the body's recognition under Article 350.</Text>
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<Pnumber>2</Pnumber>
<P2para>
<Text>An order under Article 350(1) in relation to a recognised professional body may be revoked by the Department by an order which also declares the body concerned to be a recognised professional body which is capable of providing its insolvency specialist members with partial authorisation only of the kind specified in the order (see Article 349A(1)) if—</Text>
<P3>
<Pnumber>a</Pnumber>
<P3para>
<Text>the body has requested that an order be made under this paragraph; and</Text>
</P3para>
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<Pnumber>b</Pnumber>
<P3para>
<Text>the Department is satisfied that it is appropriate in all the circumstances of the case for the body to be declared to be a recognised professional body which is capable of providing its insolvency specialist members with partial authorisation only of the kind specified in the order.</Text>
</P3para>
</P3>
</P2para>
</P2>
<P2>
<Pnumber>3</Pnumber>
<P2para>
<Text>Where the Department decides to make an order under this Article the Department must publish a notice specifying—</Text>
<P3>
<Pnumber>a</Pnumber>
<P3para>
<Text>when the order is to take effect; and</Text>
</P3para>
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<Pnumber>b</Pnumber>
<P3para>
<Text>the Department's reasons for making the order.</Text>
</P3para>
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</P2para>
</P2>
<P2>
<Pnumber>4</Pnumber>
<P2para>
<Text>An order under this Article—</Text>
<P3>
<Pnumber>a</Pnumber>
<P3para>
<Text>has effect from such date as is specified in the order; and</Text>
</P3para>
</P3>
<P3>
<Pnumber>b</Pnumber>
<P3para>
<Text>may make provision for members of the body in question to continue to be treated as fully or partially authorised (as the case may be) to act as insolvency practitioners for a specified period after the order takes effect.</Text>
</P3para>
</P3>
</P2para>
</P2>
<P2>
<Pnumber>5</Pnumber>
<P2para>
<Text>An order under paragraph (2) has effect as if it were an order made under Article 350(2).</Text>
</P2para>
</P2>
</P1para>
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<AppendText>.</AppendText>
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<Pnumber>2</Pnumber>
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<Text>In Article 361A of the Insolvency Order (fees orders (supplementary)), after paragraph (5) insert—</Text>
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<Text>Article 350M applies for the purposes of an order under paragraph (1)(b) as it applies for the purposes of a revocation order made under Article 350L.</Text>
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<Para>
<Text>
<CitationSubRef SectionRef="section-17" URI="http://www.legislation.gov.uk/id/nia/2016/2/section/17" id="cl914vm82-00115">S. 17</CitationSubRef>
in operation at 1.4.2016 by
<Citation URI="http://www.legislation.gov.uk/id/nisr/2016/203" Class="NorthernIrelandStatutoryRule" Year="2016" Number="203" Title="The Insolvency (Amendment) (2016 Act) (Commencement No. 1 and Transitional Provisions) Order (Northern Ireland) 2016" id="cl914vm82-00116">S.R. 2016/203</Citation>
,
<CitationSubRef SectionRef="article-2" URI="http://www.legislation.gov.uk/id/nisr/2016/203/article/2" CitationRef="cl914vm82-00116" Operative="true" id="cl914vm82-00117">art. 2</CitationSubRef>
</Text>
</Para>
</Commentary>
</Commentaries>
</Legislation>