SCHEDULES

SCHEDULE 11Single regulator of insolvency practitioners: supplementary provision

Proceedings

I15

1

The Regulations may make provision about the proceedings of the body.

2

The Regulations may, in particular—

a

authorise the body to exercise any function by means of committees consisting wholly or partly of members of the body;

b

provide that the validity of proceedings of the body, or of any such committee, is not affected by any vacancy among the members or any defect in the appointment of a member.