Resignation
5.6—(1) The special railway administrator may give notice of his resignation on grounds of ill health or because—
(a)he intends ceasing to be in practice as an insolvency practitioner, or
(b)there is some conflict of interest, or change of personal circumstances, which precludes or makes impracticable the further discharge by him of the duties of special railway administrator.
[Form 13]
(2) The special railway administrator may, with the leave of the court, give notice of his resignation on grounds other than those specified in paragraph (1).
[Form 14]
(3) The special railway administrator must give to the persons specified below at least 7 days' notice of his intention to resign, or to apply for the court’s leave to do so,—
(a)the Secretary of State;
(b)the Authority;
(c)any continuing special railway administrator of the protected railway company, and
(d)if there is no such continuing special railway administrator, to the protected railway company and its creditors.