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Rule 4.18 Resignation

(1)

An administrative receiver must deliver notice of intention to resign at least five business days before the date the resignation is intended to take effect to—

(a)

the person by whom the appointment was made;

(b)

the company or, if it is then in liquidation, the liquidator; and

(c)

the members of the creditors' committee.

(2)

The notice must specify the date on which the administrative receiver intends the resignation to take effect.