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Rule 3.34 Resignation

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

Subject to paragraph (3), before resigning his office the administrative receiver shall give at least 7 days' notice of his intention to do so to—

(a)

the person by whom he was appointed,

(b)

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

(c)

in any case, to the members of the creditors' committee (if any).

(2)

A notice given under this Rule shall specify the date on which the administrative receiver intends his resignation to take effect.

(3)

No notice is necessary if the administrative receiver resigns in consequence of the making of an administration order.

[E.R.3.33]