Cap. 632 Art. 15Removal or resignation of an insolvency practitioner.

(1) Without prejudice to any other law regulating the removal, resignation or substitution of an insolvency practitioner or registered firm, an insolvency practitioner or registered firm shall, in the case of their removal or resignation from an engagement to carry out a function listed in article 4(2) during their term of appointment, inform the competent authority in writing of such removal or resignation, and shall, in the event of a resignation, give adequate explanations for the reasons thereof.

(2) The notification referred to in sub-article (1) shall be made within fourteen (14) daysfrom the removal or resignation as the case may be.