Article 98 Notice of resignation

(1)

Notice of resignation under paragraph 87(2) of Schedule B1 to the 1986 Act must be given by filing the notice with the court.

(2)

Within five business days of filing the notice of resignation with the court, the SMCL administrator must deliver a copy of the notice to—

(a)

the registrar of companies; and

(b)

all persons to whom notice of intention to resign was delivered under Rule 97.

(3)

The notice of resignation must—

(a)

be headed “Notice of resignation by SMCL administrator”; and

(b)

include immediately below the heading—

(i)

the full name, registered address, registered number and any other trading names of the SMCL; and

(ii)

details of the court where the proceedings are and the relevant court reference number.

(4)

The notice must also state—

(a)

the date of the appointment of the SMCL administrator;

(b)

the name of the person who made the SMCL administration application;

(c)

the date from which the resignation is to have effect; and

(d)

where the resignation is with the permission of the court, the date on which permission was given.