The Insolvency Practitioners (Amendment) Regulations 2002
These Regulations make amendments to the Insolvency Practitioners Regulations 1990 in the light of the amendments made by section 4 of the Insolvency Act 2000 to section 388 of the Insolvency Act 1986 which defines the meaning of “act as an insolvency practitioner”. The requirements of the 1990 Regulations relating to security or caution are extended to cover cases where a person acts as a nominee in relation to a voluntary arrangement under Part I or Part VIII of the Insolvency Act 1986.