Transitional and saving provisions
7. Where immediately before the coming into force of article 2(e)(vi) an individual has applied for authorisation under section 392 of the Insolvency Act 1986(1) or holds an authorisation granted under section 393 of that Act, the amendments made by paragraph 22 of Schedule 6 to the Act are to have no effect for the transitional period(2).
(1)
(2)
The transitional period is defined in paragraph 23 of Part 1 of Schedule 6 to the Act. It ends on 30th September 2016.