# The Payment and Electronic Money Institution Insolvency (England and Wales) Rules 2021, Article 171: Grounds for resignation

Extent: E+W

(1) The administrator may resign in the following circumstances—
(a) on grounds of ill health,
(b) that the administrator intends ceasing to be in practice as an insolvency practitioner, or
(c) that there is some conflict of interest, or change of personal circumstances, which precludes or makes impracticable the further discharge by that person of the duties of administrator.
(2) The administrator may, with the permission of the court, resign on grounds other than those specified in paragraph (1).

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Source: https://www.legislation.gov.uk/uksi/2021/1178/article/171 (the official version)
Page: https://openlegislation.uk/payment-and-electronic-money-institution-insolvency-england-and-wales-rules-2021/article-171
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

