The Insolvency Practitioners Regulations 1990
These Regulations make provision for–the granting or refusal of applications made on or after 1st April 1990 to the competent authority (“the Secretary of State”) under the Insolvency Act 1986 (“the Act”) for authorisation to act as an insolvency practitioner; andthe withdrawal on or after that date of authorisations granted by the Secretary of State under the Act (regulations 3 to 10 and Schedule 1);the requirements to be prescribed under section 390(3) of the Act in respect of security or caution for the proper performance of the functions of an insolvency practitioner (regulations 11 to 15 and Schedule 2); andthe records to be kept by an insolvency practitioner in respect of the estate of each person in relation to whom the practitioner acts (regulations 16 to 20 and Schedule 3).