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Legislation
Small Business, Enterprise and Employment Act 2015

Crossheading Regulation of insolvency practitioners: amendments to existing regime

  • Section 137 Recognised professional bodies: recognition
  • Section 138 Regulatory objectives
  • Section 139 Oversight of recognised professional bodies
  • Section 140 Recognised professional bodies: revocation of recognition
  • Section 141 Court sanction of insolvency practitioners in public interest cases
  • Section 142 Power for Secretary of State to obtain information
  • Section 143 Compliance orders
  1. Regulation of insolvency practitioners: amendments to existing regime
  2. Compliance orders

Section 143 | Compliance orders

From legislation.gov.uk

After section 391S of the Insolvency Act 1986 (inserted by section 142) insert—

391TCompliance orders

(1)If at any time it appears to the Secretary of State that—

(a)a recognised professional body has failed to comply with a requirement imposed on it by or by virtue of this Part, or

(b)any other person has failed to comply with a requirement imposed on the person by virtue of section 391S,

the Secretary of State may make an application to the court.

(2)If, on an application under this section, the court decides that the body or other person has failed to comply with the requirement in question, it may order the body or person to take such steps as the court considers will secure that the requirement is complied with.

(3)In this section, “the court” means the High Court or, in Scotland, the Court of Session.

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