Power to establish single regulator of insolvency practitioners

Power to make regulations
23
1
Article 363 of the Insolvency Order (regulations for purposes of Part 12) is amended as follows.
2
The existing provision becomes paragraph (2) of that Article.
3
In that paragraph—
a
after “generality of” insert “ paragraph (1) or ”;
b
for “regulations may contain” substitute “ regulations under this Article may contain ”.
4
Before that paragraph insert—
1
The Department may make regulations for the purpose of giving effect to Part 12 of this Order.
.
5
After that paragraph insert—
3
In making regulations under this Article, the Department must have regard to the regulatory objectives (as defined by Article 350C(3)).
.
S. 23 in operation at 1.4.2016 by S.R. 2016/203, art. 2