Annual renewal requirements

1.

"Qualifying hours" means chargeable hours worked directly on a file related to insolvency engagements, including case management but excluding clerical duties.

• Time spent on practice matters cannot be counted as qualifying hours, e.g. administration, management, development, and marketing.
• Time spent on teaching (including preparation time) the Institute’s Insolvency programmes, conducting lectures and research work in universities, conducting seminars and writing articles of insolvency topics for relevant professional institutes or journals and participating in relevant committees of the Institute should be limited to not more than 10 percent of the required minimum total qualifying hours.
• Experience gained in other jurisdictions should be relevant, equivalent experience to that required for the experience in Hong Kong.

2.