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Insolvency Act 1986
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- UK Public General Acts
- 1986 c. 45
- SCHEDULE 7
- Panels of members
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Changes over time for: Cross Heading: Panels of members
Version Superseded: 21/07/2008
Alternative versions:
- 01/02/1991- Amendment
- 01/10/1992- Amendment
- 27/09/2005
Point in time - 21/07/2008- Amendment
- 01/10/2015- Amendment
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Point in time view as at 27/09/2005.
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Insolvency Act 1986, Cross Heading: Panels of members is up to date with all changes known to be in force on or before 06 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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Panels of membersE+W+S
1(1)The Secretary of State shall draw up and from time to time revise—
(a)a panel of persons who
[F1(i)have a 7 year general qualification, within the meaning of section 71 of the Courts and Legal Services Act 1990;
(ii)are advocates or solicitors in Scotland of at least 7 years’ standing,], and are nominated for the purpose by the Lord Chancellor or the Lord President of the Court of Session, and
(b)a panel of persons who are experienced in insolvency matters;
and the members of the Tribunal shall be selected from those panels in accordance with this Schedule.
(2)The power to revise the panels includes power to terminate a person’s membership of either of them, and is accordingly to that extent subject to [F2section 7 of the Tribunals and Inquiries Act 1992](which makes it necessary to obtain the concurrence of the Lord Chancellor and the Lord President of the Court of Session to dismissals in certain cases).
Textual Amendments
F1Sch. 7 para. 1(1)(a)(i)(ii) substituted by Courts and Legal Services Act 1990 (c. 41, SIF 37), s. 71(2), Sch. 10 para. 67
F2Words in Sch. 7 para. 1(2) substituted (1.10.1992) by Tribunals and Enquiries Act 1992 (c. 53),ss. 18(1), 19(2), Sch. 3 para.19
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