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PART 3ADMINISTRATION

CHAPTER 12Replacing the administrator

Grounds for resignation

3.62.—(1) The administrator may resign—

(a)on grounds of ill health;

(b)because of the intention to cease to practise as an insolvency practitioner; or

(c)because the further discharge of the duties of administrator is prevented or made impractical by—

(i)a conflict of interest, or

(ii)a change of personal circumstances.

(2) The administrator may, with the permission of the court, resign on other grounds.