Paragraph 30 C1F1

Paragraph 89 is modified so as to read as follows—

“89.

(1)

The administrator of a partnership shall vacate office if he ceases to be qualified to act as an insolvency practitioner in relation to the partnership.

(2)

Where an administrator vacates office by virtue of sub-paragraph (1) he shall give notice in writing—

(a)

in the case of an administrator appointed by administration order, to the court,

(b)

in the case of an administrator appointed under paragraph 14, to the holder of the agricultural floating charge by virtue of which the appointment was made, or

(c)

in the case of an administrator appointed under paragraph 22, to the members of the insolvent partnership.

(3)

An administrator who fails without reasonable excuse to comply with sub-paragraph (2) commits an offence.”.