2.1.5 Annual renewal

1) An insolvency practitioner must pay the Prescribed Fee stated in Appendix 2 to remain on the register of approved Insolvency Practitioners.
2) If, at any time after registration, an Insolvency Practitioner no longer meets the requirements for registration as an approved Insolvency Practitioner, the Insolvency Practitioner must immediately inform the CRO in writing.