C1C3 PART XIIINSOLVENCY PRACTITIONERS AND THEIR QUALIFICATION
Pts. 11-14 applied (with modifications) (4.1.2024) by S.I. 2021/716, Sch. 1A para. 3 (as inserted by The Payment and Electronic Money Institution Insolvency (Amendment) Regulations 2023 (S.I. 2023/1399), reg. 1(2), Sch. 1)
F1Revocation etc. of recognition
Arts. 350L-350N and cross-heading inserted (1.4.2016) by Insolvency (Amendment) Act (Northern Ireland) 2016 (c. 2), ss. 17(1), 28(2); S.R. 2016/203, art. 2
Orders under Article 350L: procedureC2350M
1
Before making a revocation order or partial revocation order in relation to a recognised professional body, the Department must give notice to the body—
a
stating that the Department proposes to make the order and the terms of the proposed order;
b
specifying the Department's reasons for proposing to make the order; and
c
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.
2
Where the Department gives a notice under paragraph (1), the Department must publish the notice on the same day.
3
The period specified under paragraph (1)(c)—
a
must begin with the date on which the notice is given to the body; and
b
must not be less than 28 days.
4
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.
5
The Department must give notice of the decision to the body.
6
Where the Department decides to make the order, the notice under paragraph (5) must specify—
a
when the order is to take effect; and
b
the Department's reasons for making the order.
7
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.
Pts. 11-14 modified by S.R. 2004/307 (as amended (1.10.2006) by Limited Liability Partnerships (Amendment) Regulations (Northern Ireland) 2006 (S.R. 2006/377), reg. 3, Sch. 2; (temp.) (27.4.2020 retrospective) by virtue of Corporate Insolvency and Governance Act 2020 (c. 12), Sch. 11 para. 8(1)(2), 14 (with ss. 2(2), 5(2)); (26.6.2020) by The Limited Liability Partnerships (Amendment etc.) Regulations 2020 (S.I. 2020/643), reg. 1(1), Sch. 2 (with reg. 3); (16.2.2021) by The Limited Liability Partnerships (Amendment etc.) Regulations 2021 (S.I. 2021/60), reg. 1(1), Sch. 2 (with reg. 4(2)))