Section 78X(4)

In subsection (3) above, “person acting in a relevant capacity” means— a person acting as an insolvency practitioner, within the meaning of section 388 of the Insolvency Act 1986 (including that section as it applies in relation to an insolvent partnership by virtue of any order made under section 421 of that Act); the official receiver acting in a capacity in which he would be regarded as acting as an insolvency practitioner within the meaning of section 388 of the Insolvency Act 1986 if subsection (5) of that section were disregarded; the official receiver acting as receiver or manager; a person acting as a special manager under section 177 or 370 of the Insolvency Act 1986; the Accountant in Bankruptcy acting as trustee or interim trustee in a sequestration (within the meaning of the Bankruptcy (Scotland) Act 2016 ); a person acting as a receiver or receiver and manager— under or by virtue of any enactment; or by virtue of his appointment as such by an order of a court or by any other instrument.

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Source: legislation.gov.uk · retrieved 2026-07-30