[390B Partial authorisation: acting in relation to partnerships]
Insolvency Act 1986 (1986 c 45) | Legislation

[390B  Partial authorisation: acting in relation to partnerships]

[(1)     A person who is partially authorised to act as an insolvency practitioner in relation to companies may nonetheless not accept an appointment to act in relation to a company if at the time of the appointment the person is aware that the company—

(a)     is or was a member of a partnership, and

(b)     has outstanding liabilities in relation to the partnership.

(2)     A person who is partially authorised to act as an insolvency practitioner in relation to individuals may nonetheless not accept an appointment to act in relation to an individual if at the time of the appointment the person is aware that the individual—

(a)     is or was a member of a partnership other than a Scottish partnership, and

(b)     has outstanding liabilities in relation to the partnership.

(3)     Subject to subsection (9), a person who is partially authorised to

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