The Tenancy Deposit Schemes Regulations (Northern Ireland) 2012

Appointment of Scheme Administrator N.I.

3.—(1) The Department may appoint a person who has applied to the Department to establish and maintain a tenancy deposit scheme of a description prescribed in Part 3 where the Department has approved that application under the Regulations.

(2) The Department must not approve an application where the applicant:—

(a) has been convicted of any offence involving fraud or dishonesty;

(b) is a bankrupt, [F1 or is the subject of a bankruptcy restrictions order;] or

[F2 (ac) he is a person in relation to whom a moratorium period under a debt relief order applies or he is the subject of a debt relief restrictions order ; or]

(c) is disqualified from being a director of a company.

Textual Amendments

F1 Words in reg. 3(2)(b) inserted (21.4.2015) by The Insolvency (Northern Ireland) Order 2005 (Consequential Amendments) Order (Northern Ireland) 2015 (S.R. 2015/159), art. 1, Sch. para. 50(3)

F2 Reg. 3(2)(ac) inserted (7.3.2016) by The Debt Relief Act (Northern Ireland) 2010 (Consequential Amendments) Order (Northern Ireland) 2016 (S.R. 2016/108), art. 1, Sch. para. 58(3)