389 Acting without qualification an offence. E+W+S
(1)A person who acts as an insolvency practitioner in relation to a company or an individual at a time when he is not qualified to do so is liable to imprisonment or a fine, or to both.
(2)This section does not apply to the official receiver [F1or the Accountant in Bankruptcy (within the meaning of the Bankruptcy (Scotland) Act 1985).].
Textual Amendments
F1Words in s. 389(2) inserted (1.4.1993) by 1993 c. 6, s. 11(2) (with s. 12(6)); S.I. 1993/438, art.3 (with arts. 4, 5)
Modifications etc. (not altering text)
C1S. 389 applied with modifications by S.I. 1986/1999, art. 3, Sch. 1 Pt. II