Grant, refusal and withdrawal of authorisationN.I.
352.—(1) The competent authority may, on an application duly made in accordance with Article 351 and after being furnished with all such information as it may require under that Article, grant or refuse the application.
(2) The authority shall grant the application if it appears to it from the information furnished by the applicant and having regard to such other information, if any, as it may have—
(a)that the applicant is a fit and proper person to act as an insolvency practitioner, and
(b)that the applicant meets the prescribed requirements with respect to education and practical training and experience.
[F1(3) An authorisation granted under this Article, if not previously withdrawn, continues in force for one year.
(3A) Where an authorisation is granted under this Article the competent authority shall, before its expiry (and without a further application made in accordance with Article 351), grant a further authorisation under this Article taking effect immediately after the expiry of the previous authorisation, unless it appears to the competent authority that the subject of the authorisation no longer complies with paragraph (2)(a) and (b).]
(4) An authorisation [F2granted under this Article] may be withdrawn by the competent authority if it appears to it—
(a)that the holder of the authorisation is no longer a fit and proper person to act as an insolvency practitioner, or
(b)without prejudice to sub‐paragraph (a), that the holder—
(i)has failed to comply with any provision of this Part or of any regulations made under this Part or Part XIII, or
(ii)in purported compliance with any such provision, has furnished the competent authority with false, inaccurate or misleading information.
(5) An authorisation granted under this Article may be withdrawn by the competent authority at the request or with the consent of the holder of the authorisation.
[F3(6) Where an authorisation granted under this Article is withdrawn—
(a)paragraph (3A) does not require a further authorisation to be granted, or
(b)if a further authorisation has already been granted at the time of the withdrawal, the further authorisation is also withdrawn.]
F1Art. 352(3)(3A) substituted (28.12.2009) for art. 352(3) by Provision of Services (Insolvency Practitioners) Regulations (Northern Ireland) 2009 (S.R. 2009/401), reg. 2(5)(a) (with reg. 4)
F2Words in art. 352(4) substituted (28.12.2009) by Provision of Services (Insolvency Practitioners) Regulations (Northern Ireland) 2009 (S.R. 2009/401), reg. 2(5)(b) (with reg. 4)
F3Art. 352(6) inserted (28.12.2009) by Provision of Services (Insolvency Practitioners) Regulations (Northern Ireland) 2009 (S.R. 2009/401), reg. 2(5)(c) (with reg. 4)