- Enforced by
- Insolvency Service
- Status
- Amended (in force with amendments)
- Penalty ceiling
- Regulated
Does it bind you?
Business-side roles with duties under this instrument.
Plus 1 duty on the regulator, Crown ministers and public bodies — folded into the section list below.
What it requires
Regulations creating concrete business duties or carrying penalties, grouped as the instrument is structured. Titles link to the source text — blue means you’re leaving for legislation.gov.uk.
Part 1
Competent authorities
1 of 5 sections shown
s.006
Extent of designation
Regulated
Other duties (1) — Crown / regulator
- Secretary of State must send designation letter stating scope of approval powersCrown / Minister / Government department
4 other sections in this Part — procedural and definitional
s.003
Designated competent authorities
s.004
Application for designation as a competent authority
s.005
Fit and proper body
s.007
Withdrawal of designation as competent authority
Part 2
Approval of intermediaries
0 of 4 sections shown4 other sections in this Part — procedural and definitional
s.008
Approval by competent authority
s.009
Ineligibility
s.010
Applications to a competent authority for approval to act as intermediary
s.011
Procedure for withdrawal of approval to act as intermediary
2 other provisions
s.001
Citation, commencement and interpretation
s.002
“The Act” means the Insolvency Act 1986.
Duty extraction and severity labels are Guvnor’s analysis of the instrument, not the instrument itself. Always verify against the linked source text.