SCHEDULES
SCHEDULE B1 ADMINISTRATION
REPLACING ADMINISTRATOR
Resignation of administrator
87
(1)
An administrator may resign only in prescribed circumstances.
(2)
Where an administrator may resign he may do so only—
(a)
in the case of an administrator appointed by administration order, by notice in writing to the court,
(b)
in the case of an administrator appointed under paragraph 14, by notice in writing to the person who appointed him,
(c)
in the case of an administrator appointed under paragraph 22(1), by notice in writing to the company, or
(d)
in the case of an administrator appointed under paragraph 22(2), by notice in writing to the directors of the company.