144 Power to establish single regulator of insolvency practitioners
Small Business, Enterprise and Employment Act 2015 (2015 c 26) | Legislation

Power to Establish Single Regulator of Insolvency Practitioners

144  Power to establish single regulator of insolvency practitioners

(1)     The Secretary of State may by regulations designate a body for the purposes of—

(a)     authorising persons to act as insolvency practitioners, and

(b)     regulating persons acting as such.

(2)     The designated body may be either—

(a)     a body corporate established by the regulations, or

(b)     a body (whether a body corporate or an unincorporated association) already in existence when the regulations are made (an “existing body”).

(3)     The regulations may, in particular, confer the following functions on the designated body—

(a)     establishing

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