# Insolvency Act 1986, Paragraph 87: Resignation of administrator

Extent: E+W+S

(1) An administrator may resign only in prescribed circumstances.
(2) Where an administrator may resign he may do so only—
(a) in the case of an administrator appointed by administration order, by notice in writing to the court,
(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,
(c) in the case of an administrator appointed under paragraph 22(1), by notice in writing to the company, or
(d) in the case of an administrator appointed under paragraph 22(2), by notice in writing to the directors of the company.

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Source: https://www.legislation.gov.uk/ukpga/1986/45/schedule/B1/paragraph/87 (the official version)
Page: https://openlegislation.uk/insolvency-act-1986/schedule-B1/paragraph-87
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

