PART 3Regulation of Insolvency Practitioners

Amendment of the Insolvency Practitioner Regulations 2005I123

1

Schedule 2 of the Insolvency Practitioner Regulations 2005 M1 is amended as follows.

2

In the heading of paragraph 2A, omit “or professional liability insurance”.

3

In paragraph 2A, omit sub-paragraph (b) and the “or” preceding it.

4

Omit paragraphs 8A to 8E.

5

In paragraph 9, omit sub-paragraphs (3) and (4).

6

In paragraph 10—

a

in sub-paragraph (1), for “The documents in sub-paragraph (2)” substitute “ The bond referred to in paragraph 3 ”;

b

omit sub-paragraph (2);

c

in sub-paragraph (3) for “The document in sub-paragraph (2)” substitute “ The bond referred to in paragraph 3 ”.

7

In paragraph 11 omit sub-paragraphs (4) and (5).