(1)Where an adjudication in bankruptcy is made against a licensed conveyancer, any such adjudication shall operate immediately to suspend the licence held by that person under this Part; and, subject to subsection (2), the suspension of the licence shall continue until the licence expires.
(2)The suspension of a licence by virtue of subsection (1) shall terminate if the adjudication in question is annulled and an office copy of the order annulling the adjudication is served on the Council.
(3)A licence held by a person under this Part shall terminate if that person becomes a patient within the meaning of Part VII of the [1983 c. 20.] Mental Health Act 1983.
(4)For the purposes of this Part a licence shall be treated as not being in force at any time while it is suspended by virtue of any provision of this Part.