[391Q Direct sanctions order: conditions]
[391Q Direct sanctions order: conditions]

[(1)     Condition 1 is that the person, in acting as an insolvency practitioner or in connection with any appointment as such, has failed to comply with—

(a)     a requirement imposed by the rules of the relevant recognised professional body;

(b)     any standards, or code of ethics, for the insolvency-practitioner profession adopted from time to time by the relevant recognised professional body.

(2)     Condition 2 is that the person—

(a)     is not a fit and proper person to act as an insolvency practitioner;

(b)     is a fit and proper person to act as an insolvency practitioner only in relation to companies, but

Popular documents