SCHEDULE 6Insolvency and company law
PART 6Authorisation of insolvency practitioners
Repeal of provision for authorisation of nominees and supervisors in relation to voluntary arrangements
18
Omit section 389(1A) (acting without qualification not an offence if authorised under section 389A).
19
Omit section 389A (authorisation of nominees and supervisors).
20
(1)
The following repeals are made in consequence of paragraphs 18 and 19.
(2)
In the Insolvency Act 1986—
(a)
in section 1(2), omit “or authorised to act as nominee,”;
(b)
in section 2(4), omit “, or authorised to act as nominee,”;
(c)
in section 4(2), omit “or authorised to act as nominee,”;
(d)
in section 7(5), omit “or authorised to act as supervisor,”;
(e)
in Schedule A1—
(i)
in paragraph 28(1), omit “, or authorised to act as nominee,”;
(ii)
in paragraph 31(2), omit “, or authorised to act as nominee,”;
(iii)
in paragraph 33(1), omit “, or authorised to act as nominee,”;
(iv)
in paragraph 39(6), omit “, or authorised to act as supervisor,”.
(3)
In the Insolvency Act 2000, omit section 4(3) and (4).
(4)
In Schedule 6 to the Mental Capacity Act 2005, omit paragraph 31(2).