Guidance for persons seeking to act as Insolvency Practitioners
The Insolvency (Northern Ireland Order 1989 (" the Order") introduces an authorisation procedure for persons undertaking prescribed types of insolvency work. These are:
- in relation to a company acting as a liquidator (members' voluntary, creditors' voluntary or compulsory winding up), administrative receiver, administrator or supervisor of any composition or scheme made under the provisions of the Order
- in relation to an individual acting as a trustee or interim receiver in bankruptcy, as trustee under a deed of arrangement, as supervisor of a scheme or composition made under the provisions of the Order or as administrator of the estate of a deceased insolvent