96.—(1) The SMCL administrator may give notice of resignation—
(a)on the grounds of ill health;
(b)because the SMCL administrator intends ceasing to be in practice as an insolvency practitioner; or
(c)because there is some conflict of interest, or a change in personal circumstances, which prevents or makes impracticable the further discharge by the SMCL administrator of the duties of SMCL administrator.
(2) The SMCL administrator may, with the permission of the court, give notice of the SMCL administrator’s resignation on grounds other than those specified in paragraph (1).