With effect from 1 April 2014, all Insolvency Practitioners, while acting as Insolvency Practitioners, are excluded from the Consumer Credit Licensing regime in respect of the activities of:

• debt adjusting;
• debt counselling;
• debt collecting;
• debt administration; and
• providing credit information services

A similar exclusion applies when an insolvency practitioner is acting in ‘reasonable contemplation of appointment’.  In this case, the relevant activities are:

• debt adjusting
• debt counselling; and
• providing credit information services

Note: The exclusions highlighted above also apply to staff working for the Insolvency Practitioner.