The Insolvency Practitioners (Amendment) Regulations 1993

Amendments to 1990 Regulations

9.  There shall be inserted after regulation 15 the following:—

“Requirement to submit bordereau to authorising body

15A.— (1) In respect of each calendar month, an insolvency practitioner shall submit to the authorising body, as defined in regulation 18(1), a copy of the bordereau containing particulars of:

(a) any appointment during that calendar month to act as insolvency practitioner provided that, where it is not practicable to do so, such particulars may be included in a subsequent bordereau, but no later than the bordereau relating to the second month after the month of appointment;

(b) any appointment to act as insolvency practitioner in respect of which, during that calendar month, he forms the opinion that the amount of the penalty sum under the current specific penalty must be increased in accordance with regulation 12(1)(c) above, provided that, where it is not practicable to do so, such particulars may be included in a subsequent bordereau, but no later than the bordereau relating to the second month after the month in which he forms the relevant opinion;

(c) any appointment to act as insolvency practitioner in respect of which during that calendar month he has obtained his release or discharge, provided that, where it is not practicable to do so, such particulars may be included in a subsequent bordereau.

(2) If, in respect of any calendar month, no particulars as specified in paragraph (1) above are contained in the bordereau, it shall nevertheless be supplied to the authorising body, with a statement thereon that either there are no such relevant particulars to be supplied, or that it is not practicable to supply such particulars, as the case may be.”