Rule 94 Postal administrator’s duties on vacating officeI1
England and Wales
Where the postal administrator ceases to be in office as such, in consequence of removal, resignation or cesser of qualification as an insolvency practitioner, the postal administrator is under obligation as soon as reasonably practicable to deliver up to the person succeeding them as postal administrator the assets (after deduction of any expenses properly incurred and distributions made by the postal administrator) and further to deliver up to that person—
the records of the postal administration, including correspondence, proofs and other related papers appertaining to the postal administration while it was within the postal administrator’s responsibility; and
the company’s books, papers and other records.
If the postal administrator makes default in complying with this Rule, the postal administrator is liable to a fine and, for continued contravention, to a daily default fine.