Cessation of Disqualification
6.—(1) Where a person is disqualified under regulation 5(1)(b) by reason of having been adjudged bankrupt–
(a)if the bankruptcy is annulled on the ground that he ought not to have been adjudged bankrupt or on the ground that his debts have been paid in full, the disqualification shall cease on the date of the annulment;
(b)if he is discharged, the disqualification shall cease on the date of his discharge.
(2) Where a person is disqualified under regulation 5(1)(b) by reason of his having made a composition or arrangement with his creditors—
(a)if he pays his debts in full, the disqualification shall cease on the date on which such payment is completed; and
(b)in any other case, it shall cease on the expiry of the period of five years beginning on the date on which the terms of the deed of composition or arrangement are fulfilled.