3.10.—(1) This rule applies to a liquidator who—
(a)is removed by the court;
(b)vacates office on ceasing to be qualified to act as an insolvency practitioner in relation to the company; or
(c)vacates office in consequence of the court making a winding-up order against the company.
(2) Where the former liquidator applies to the Accountant of Court for release the application must contain—
(a)identification details for the insolvency proceedings;
(b)identification and contact details for the former liquidator;
(c)details of the circumstances under which the former liquidator has ceased to act as liquidator; and
(d)a statement that the former liquidator is applying to the Accountant of Court for a certificate of the former liquidator’s release as liquidator as a result of the circumstances specified in the application.
(3) The application must be authenticated and dated by the former liquidator.
(4) When the Accountant of Court gives a release, the Accountant of Court must deliver—
(a)a certificate of the release to the former liquidator; and
(b)a notice of the release to AiB.
(5) Release is effective from the date of the certificate or such other date as the certificate specifies.
A new section 173(2)(b) is prospectively inserted by paragraph 44(2) of schedule 9 of the 2015 Act.