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The Insolvency Practitioners (Recognised Professional Bodies) (Revocation of Recognition) Order (Northern Ireland) 2022

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Statutory Rules of Northern Ireland

2022 No. 34

Insolvency Practitioners

The Insolvency Practitioners (Recognised Professional Bodies) (Revocation of Recognition) Order (Northern Ireland) 2022

Made

9th February 2022

Coming into operation

16th February 2022

The Department for the Economy(1) in exercise of the powers conferred on it by Article 350N(1) of the Insolvency (Northern Ireland) Order 1989(2) makes the following Order.

In accordance with Article 350N(1) of the Insolvency (Northern Ireland) Order 1989 the Association of Chartered Certified Accountants has requested that an order be made to revoke the Insolvency Practitioners (Recognised Professional Bodies) Order (Northern Ireland) 1991(3) insofar as it declares that the Association of Chartered Certified Accountants is a recognised professional body under Article 350 of the Insolvency (Northern Ireland) Order 1989. The Department is satisfied that it is appropriate in all the circumstances of the case to make that revocation.

The Association of Chartered Certified Accountants is known by that name as a result of having changed its name on 15th October 1996(4).

In accordance with Article 350N(3) of the Insolvency (Northern Ireland) Order 1989 the Department published a notice specifying that the Order is to take effect from 16th February 2022 and the reasons for making the Order.

(1)

Formerly the Department of Enterprise, Trade and Investment; see section 1(3) of the Departments Act (Northern Ireland) 2016 (2016 c. 5 (N.I.)).

(2)

S.I. 1989/2405 (N.I. 19), Article 350N was inserted by section 17(1) of the Insolvency (Amendment) Act (Northern Ireland) 2016 (2016 c. 2 (N.I.)).

(3)

S.R. 1991 No. 301 is treated as made under Article 350(1) and (5) of the Insolvency (Northern Ireland) Order 1989 as substituted by section 14(4) of the Insolvency (Amendment) Act (Northern Ireland) 2016, and has been amended by the Insolvency Practitioners (Recognised Professional Bodies) (Amendment) Order (Northern Ireland) 2017 (S.R. 2017 No. 4).

(4)

The Association of Chartered Certified Accountants is a Royal Charter company. The amendment of the Charter of the body, to substitute this name, was allowed by an Order in Council dated 15th October 1996. The Association of Chartered Certified Accountants was substituted for the entry for The Chartered Association of Certified Accountants in the Schedule to S.R. 1991 No. 301 by Article 2(b) S.R. 2017 No.4.

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