29 January 2016
This section inserts new Article 350S into the Insolvency Order which gives the Department the power to require information from specified people to enable the Department to carry out functions under Part 12 of the Insolvency Order.
The people that the Department can, in writing, require information from are:
a recognised professional body;
any individual who is or has been authorised to act as an insolvency practitioner; and
any person who is connected to such an individual.
A person ‘connected’ to the insolvency practitioner in question includes an employee of that individual, a person who acted on that insolvency practitioner’s behalf in any other way and the employer of the insolvency practitioner.