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Rule 60 Grounds for resignation

Original text. Later amendments are not shown.

(1)

The energy administrator may give notice of the energy administrator’s resignation on grounds of ill health or because—

(a)

the energy administrator intends ceasing to be in practice as an insolvency practitioner; or

(b)

there is some conflict of interest, or change of personal circumstances, which precludes or makes impracticable the further discharge by the energy administrator of the duties of energy administrator.

(2)

The energy administrator may, with the leave of the court, give notice of the energy administrator’s resignation on grounds other than those specified in paragraph (1).