SCHEDULE 2Amendment of disqualification provision made by Act of Parliament

Estate Agents Act 1979I110

1

Section 23 of the Estate Agents Act 197914 (bankrupts) is amended as follows.

2

After subsection (1), insert—

1A

An individual in respect of whom a debt relief order (under Part 7A of the Insolvency Act 1986) is made shall not engage in estate agency work of any description except as an employee of another person

3

After subsection (2), insert—

2A

The prohibition imposed on an individual by subsection (1A) shall cease to have effect if and when—

a

the debt relief order is revoked for reasons falling within section 251(L)(2)(a) or (c) of the Insolvency Act 1986;

b

the individual is discharged from all the qualifying debts specified under the debt relief order at the end of the moratorium period applicable to the order; or

c

the debt relief order is revoked and a period of one year has elapsed beginning with the effective date for the order.

4

In subsection (3), for “The reference in subsection (1) above” substitute “The references in this section”.

5

In subsection (4), for “of subsection (1) above” substitute “of this section”.