Rule 4.37 Loss of qualification as insolvency practitioner

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

rule 1.12-1.16E applied 2016 asp 21 s. 14B (as inserted) by Insolvency (Regulation (EU) 2015/848) 2017 reg. 4(8)
Rules applied (with modifications) by Building Society Special Administration 2009 rule 38-41
rule 4.37(2) words substituted by Scotland Act 1998 (Consequential Modifications) 1999 Sch. 2 para. 141(16)
Rules applied (with modifications) by Limited Liability Partnerships 2001 reg. 6(1)
Rules specified provisions applied (with modifications) by Collective Investment in Transferable Securities (Contractual Scheme) 2013 Sch. 4
rule 4.37 applied (with modifications) by Building Society Insolvency 2010 rule 53

(1)

This Rule applies where the liquidator vacates office on ceasing to be qualified to act as an insolvency practitioner in relation to the company.

(2)

He shall forthwith give notice of his doing so to the court and to the registrar of companies.Form 4.19 (Scot)

(3)

Rule 4.25(2) and (3) apply as regards the liquidator obtaining his release, as if he had been removed by the court.