(1) Subject to subsections (3) and (5), the Insolvency Service may authorise an individual to carry on practice as a personal insolvency practitioner and shall furnish to that individual the registration number assigned to such person for the purposes of the Register.
(2) When deciding whether to authorise an individual to carry on practice as a personal insolvency practitioner, the Insolvency Service shall take into account any information supplied to it under sections 163 and 168.
(3) Subject to section 165, the Insolvency Service shall refuse to authorise an individual to carry on practice as a personal insolvency practitioner if -
(a) section 163 has not been complied with as respects the individual,
(b) the individual has not furnished sufficient evidence to show that there is available to him or her the required level of professional indemnity insurance,
(c) the individual -
(i) is under 18 years of age, or
(ii) is an undischarged bankrupt,
(d) the Insolvency Service is satisfied
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