50‑95 Reports of a Part 2 committee50‑95 Reports of a Part 2 committee

50‑95 Reports of a Part 2 committee

(1) This section applies if a Part 2 committee is required to give a report under one of the following provisions of the Insolvency Practice Schedule (Bankruptcy): (a) section 20‑25 (registration); (b) section 20‑60 (varying etc. conditions of registration); (c) section 40‑60 (disciplinary action); (d) section 40‑90 (lifting or shortening suspension). (2) The committee must prepare the report in writing. (3) The report must include a statement of the reasons of any minority in the decision. (4) Each member of the committee must sign the report.