SCHEDULE 2E+W+SREQUIREMENTS FOR SECURITY OR CAUTION AND RELATED MATTERS

PART 3 E+W+SRecords relating to bonding and connected matters

Retention of bond by recognised professional body or competent authorityE+W+S

10.—[F1(1)] [F2[F3The bond referred to in paragraph 3] or a copy must] be sent by the insolvency practitioner to—

(a)any professional body recognised under section 391 of the Act of which he is a member and the rules of membership of which entitle him to act as an insolvency practitioner; or

F4(b). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F5[F6(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(3) [F7The bond referred to in paragraph 3] or a copy of it may be sent electronically.]

Textual Amendments

F1Sch. 2 para. 10 renumbered as Sch. 2 para. 10(1) (28.12.2009) by virtue of The Provision of Services (Insolvency Practitioners) Regulations 2009 (S.I. 2009/3081), reg. 1, Sch. para. 8(7)(a) (with reg. 5)

F2Words in Sch. 2 para. 10(1) substituted (28.12.2009) by virtue of The Provision of Services (Insolvency Practitioners) Regulations 2009 (S.I. 2009/3081), reg. 1, Sch. para. 8(7)(a) (with reg. 5)

F3Words in Sch. 2 para. 10(1) substituted (31.12.2020) by The Provision of Services (Amendment etc.) (EU Exit) Regulations 2018 (S.I. 2018/1329), regs. 1(1), 23(6)(a); 2020 c. 1, Sch. 5 para. 1(1)

F4Sch. 2 para. 10(1)(b) omitted (1.10.2015) by virtue of The Deregulation Act 2015 (Insolvency) (Consequential Amendments and Transitional and Savings Provisions) Order 2015 (S.I. 2015/1641), art. 3, Sch. 1 para. 5(11) (with arts. 8, 9)

F5Sch. 2 para. 10(2) omitted (31.12.2020) by virtue of The Provision of Services (Amendment etc.) (EU Exit) Regulations 2018 (S.I. 2018/1329), regs. 1(1), 23(6)(b); 2020 c. 1, Sch. 5 para. 1(1)

F6Sch. 2 para. 10(2)(3) added (28.12.2009) by virtue of The Provision of Services (Insolvency Practitioners) Regulations 2009 (S.I. 2009/3081), reg. 1, Sch. para. 8(7)(b) (with reg. 5)

F7Words in Sch. 2 para. 10(3) substituted (31.12.2020) by The Provision of Services (Amendment etc.) (EU Exit) Regulations 2018 (S.I. 2018/1329), regs. 1(1), 23(6)(c); 2020 c. 1, Sch. 5 para. 1(1)