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4.—(1) Subject to paragraphs (2), (3) and (4), the Regulations listed in Schedule 1 shall be revoked.
(2) Parts I and II of the Insolvency Practitioners Regulations (Northern Ireland) 1991(1) shall continue to apply in relation to an application for authorisation under Article 352 of the Order to act as an insolvency practitioner made to the Department before the commencement date and accordingly nothing in these Regulations shall apply to such an application.
(3) Parts I, III and IV of the Insolvency Practitioners Regulations (Northern Ireland) 1991 shall continue to apply in relation to any case in respect of which an insolvency practitioner is appointed—
(a)before the commencement date; or
(b)in a subsequent capacity and he was appointed in an initial capacity in that case before the commencement date.
(4) Only regulations 16 and 17 shall apply in relation to the cases mentioned in paragraph (3).
S.R. 1991 No. 302 as amended by S.R. 1993 No. 317 and S.R. 1993 No. 454
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