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Rule 92 Grounds for resignation

Original text. Later amendments are not shown.

(1)

The T&S administrator may resign—

(a)

on the grounds of ill health,

(b)

because the T&S administrator intends ceasing to be in practice as an insolvency practitioner, or

(c)

because there is some conflict of interest, or a change in personal circumstances, which prevents or makes impracticable the further discharge by the T&S administrator of the duties of T&S administrator.

(2)

The T&S administrator may, with the permission of the court, resign on grounds other than those specified in paragraph (1).