The Insolvency Practitioners (Recognised Professional Bodies) (Revocation of Recognition) Order 2015

Explanatory note

Reproduced verbatim from the instrument as published on legislation.gov.uk (Crown Copyright, Open Government Licence v3.0). The note is prepared by the responsible government department and is not part of the instrument itself.

The Insolvency Practitioners (Recognised Professional Bodies) Order 1986 declares the bodies specified in the Schedule to the Order to be recognised professional bodies under section 391 of the Insolvency Act 1986. The Law Society of Scotland has requested that it is removed from this Schedule in accordance with the procedure in section 391N of the Insolvency Act 1986. This Order amends the Schedule to the Insolvency Practitioners (Recognised Professional Bodies) Order 1986 in accordance with this request. As a result the Law Society of Scotland will cease to be a recognised professional body under section 391 of the Insolvency Act 1986 from 18th January 2016. A notice stating the date from which this Order takes effect and the Secretary of State’s reasons for making the Order is published on https://www.gov.uk in accordance with section 391N(3) of the Insolvency Act 1986. A print version of the notice is available from The Insolvency Service, 4 Abbey Orchard Street, London, SW1P 2HT. The notice is available online at

https://www.gov.uk/government/news/the-law-society-scotland-application-to-give-up-designation-as-professional-body

A full regulatory impact assessment has not been produced for this instrument as no impact on the private or voluntary sectors is foreseen.