Definitions in inspection regulations clarify scope of 'service provider', 'associated person' and powers of investigating and inspecting authorities. The regulations define core terms for inspections and investigations: service provider (insolvency professional agencies, insolvency professionals, insolvency professional entities, information utilities), associated person (persons acting for or on behalf of a service provider in inspection or investigation), broad record coverage including electronic form, and institutional roles of Inspecting Authority, Investigating Authority and Disciplinary Committee. 'Noticee' denotes a service provider or associated person alleged to have contravened the Code, and undefined terms adopt meanings from the Code.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Definitions in inspection regulations clarify scope of 'service provider', 'associated person' and powers of investigating and inspecting authorities.
The regulations define core terms for inspections and investigations: service provider (insolvency professional agencies, insolvency professionals, insolvency professional entities, information utilities), associated person (persons acting for or on behalf of a service provider in inspection or investigation), broad record coverage including electronic form, and institutional roles of Inspecting Authority, Investigating Authority and Disciplinary Committee. "Noticee" denotes a service provider or associated person alleged to have contravened the Code, and undefined terms adopt meanings from the Code.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.