SCHEDULE 1Amendments to the Insolvency Rules 1986

Amendments to Rule 4.159233

1

Rule 4.159 (committee-members’ representatives) is amended as follows.

2

In paragraph (2), omit “or any authorisation under section 323 of the Companies Act”.

3

For paragraph (4) substitute—

4

No member may be represented by—

a

another member of the committee;

b

a person who is at the same time representing another committee member;

c

a body corporate;

d

an undischarged bankrupt;

e

a disqualified director; or

f

a person who is subject to a bankruptcy restrictions order (including an interim order), a bankruptcy restrictions undertaking, a debt relief restrictions order (including an interim order) or a debt relief restrictions undertaking.

4

Omit paragraph (5).