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Contents

Part 3 · Official Assignee, Official Receiver and Insolvency Practitioners

53. Form and validity of licence

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(1)

A licence must —

(a)

be in such form as the licensing officer may determine; and

(b)

contain the conditions subject to which it is granted.

(2)

A licence is to remain in force until 30 June in the third year following the year in which the licence was granted.

(3)

A licence that is renewed continues in force for a further period of 3 years, starting on the date immediately following that on which the licence would (but for its renewal) have expired.

Report

Part 4

Corporate Insolvency, Restructuring and Dissolution — Preliminary

Part 5

Scheme of Arrangement

Part 5A

Simplified Restructuring of Debts

Part 6

Corporate Insolvency — Receivership

Part 7

Judicial Management

Part 8

Winding Up

Part 9

Provisions Applicable in Judicial Management and Winding Up

Part 10

Winding Up of Unregistered Companies and Liquidation or Dissolution of Foreign Companies

Part 10A

Simplified Winding Up

Part 11

Cross-Border Insolvency

Part 12

General Provisions Applicable to Parts 4 to 11

Part 13

Bankruptcy — Preliminary

Part 14

Voluntary Arrangements

Part 15

Debt Repayment Scheme

Part 16

Proceedings in Bankruptcy

Part 17

Administration in Bankruptcy

Part 18

Annulment and Discharge

Part 19

Duties, Disqualification and Disabilities of Bankrupt

Part 20

Bankruptcy Offences

Part 21

Bankruptcy Miscellaneous Provisions

Part 22

Provisions Against Debt Avoidance and Limitation on Certain Contractual Rights

Part 23

Miscellaneous and General Provisions

Part 24

Consequential and Related Amendments to Other Acts

Part 25

Saving and Transitional Provisions

Schedules