{
  "url": "https://openlegislation.uk/insolvency-act-1986/schedule-B1/paragraph-87",
  "json_url": "https://openlegislation.uk/insolvency-act-1986/schedule-B1/paragraph-87.json",
  "legislation": "ukpga/1986/45",
  "legislation_title": "Insolvency Act 1986",
  "legislation_url": "https://openlegislation.uk/insolvency-act-1986",
  "path": "schedule/B1/paragraph/87",
  "kind": "paragraph",
  "number": "87",
  "heading": "Resignation of administrator",
  "text": "(1) An administrator may resign only in prescribed circumstances.\n(2) Where an administrator may resign he may do so only—\n(a) in the case of an administrator appointed by administration order, by notice in writing to the court,\n(b) in the case of an administrator appointed under paragraph 14, by notice in writing to the holder of the floating charge by virtue of which the appointment was made,\n(c) in the case of an administrator appointed under paragraph 22(1), by notice in writing to the company, or\n(d) in the case of an administrator appointed under paragraph 22(2), by notice in writing to the directors of the company.",
  "extent": "E+W+S",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Sch. B1 inserted (15.9.2003) by 2002 c. 40, ss. 248(2), 279, Sch. 16 (with s. 249(1)-(3)(6)); S.I. 2003/2093, art. 2(1), Sch. 1 (subject to arts. 3-8 (as amended by S.I. 2003/2332, art. 2))"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Words in Sch. B1 para. 87(2)(b) substituted (15.9.2003) by The Enterprise Act 2002 (Insolvency) Order 2003 (S.I. 2003/2096), art. 2(4)"
    },
    {
      "type": "C",
      "label": "C1",
      "text": "Sch. B1 para. 87 applied (with modifications) (17.2.2009 for certain purposes, otherwise 21.2.2009) by Banking Act 2009 (c. 1), ss. 145, 263(1)(2) (with s. 247); S.I. 2009/296, arts. 2, 3, Sch. para. 3"
    },
    {
      "type": "C",
      "label": "C2",
      "text": "Sch. B1 paras. 83-91 modified (5.7.2018) by Housing and Planning Act 2016 (c. 22), s. 216(3), Sch. 5 Pts. 1, 2; S.I. 2018/805, reg. 3(b)"
    },
    {
      "type": "C",
      "label": "C3",
      "text": "Sch. B1 para. 87 applied (with modifications) (8.7.2021) by The Payment and Electronic Money Institution Insolvency Regulations 2021 (S.I. 2021/716), regs. 2, 37, Sch. 2 paras. 4-6 (with reg. 5) (as amended (4.1.2024) by S.I. 2023/1399, regs. 1(2), 4, 11)"
    },
    {
      "type": "C",
      "label": "C4",
      "text": "Sch. B1 excluded in part (E.W.) (15.3.2024) by The Water Industry (Special Administration) Regulations 2024 (S.I. 2024/205), regs. 2(2), 5(2) (with reg. 64)"
    },
    {
      "type": "C",
      "label": "C5",
      "text": "Sch. B1 paras. 83-91 applied (with modifications) (E.W.) (15.3.2024) by The Water Industry (Special Administration) Regulations 2024 (S.I. 2024/205), regs. 2(2), 5(1), 27-32 (with reg. 64)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/1986/45/schedule/B1/paragraph/87",
    "retrieved_at": "2026-11-06T03:34:54.608720+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}