http://www.legislation.gov.uk/uksi/2004/473/regulation/2/made

The Insolvency Practitioners (Amendment) Regulations 2004

Regulatory impact assessment

King's Printer of Acts of Parliament

2011-07-04

INSOLVENCY;INSOLVENCY PRACTITIONERS

These Regulations revoke regulation 9 of the Insolvency Practitioners Regulations 1990 which makes provision for the charging of a fee on the making of an application to the Secretary of State for the granting of an authorisation to act as an insolvency practitioner. This is because the relevant provisions regarding the Secretary of State’s powers in relation to fees are now contained within section 415A of the Insolvency Act 1986, which is inserted by section 270 of the Enterprise Act 2002. As a result of section 270(3) of the Enterprise Act 2002 the power to prescribe fees for the purposes of section 392(3)(c) under section 419 of the Insolvency Act 1986 will no longer cover applications for authorisation to act as an insolvency practitioner that are made to the Secretary of State.