The Insolvent Partnerships Order 1994 No. 2421

PART VI PROVISIONS APPLYING IN INSOLVENCY PROCEEDINGS IN RELATION TO INSOLVENT PARTNERSHIPS

Meaning of “act as insolvency practitioner”

15.—(1) After section 388(2) of the Act there shall be inserted the following—

“(2A) A person acts as an insolvency practitioner in relation to an insolvent partnership by acting—

(a) as its liquidator, provisional liquidator or administrator, or

(b) as trustee of the partnership under article 11 of the Insolvent Partnerships Order 1994, or

(c) as supervisor of a voluntary arrangement approved in relation to it under Part I of this Act.”.

(2) In section 388(3) the words “to a partnership and” shall be omitted.