Section 704 of Insolvency Act CAP 53: Vacation of office by Official Receiver and Deputy Official Receiver
(1) The office of Official Receiver or Deputy Official Receiver becomes vacant if— (a) the person dies;
(b) the person's term of office expires without the person being reappointed;
(c) the person resigns the office by letter in writing addressed to the Cabinet Secretary and the Cabinet Secretary accepts the resignation;
(d) a bankruptcy order is made in respect of the person, the person enters into a voluntary arrangement under Division I of Part IV, or the person becomes subject to a summary instalment order or the no-assets procedure, under that Part, or becomes subject to an order disqualifying the person from holding office as a director of a company or a partner of a limited liability partnership;
(e) the person is convicted of offence punishable by imprisonment for a term of two years or more;
(f) the person is nominated for election as a member of the Parliament;
(g) the person engages in any paid employment outside the duties of the office; or (h) the person is removed from office under subsection (2).
(2) The Cabinet Secretary may remove from office a person holding the office of Official Receiver or Deputy Official Receiver if satisfied on reasonable grounds that the person is not or is no longer competent to perform the functions of that office or is guilty of misconduct in performing those functions.
(3) The Cabinet Secretary may exercise the power conferred by subsection (2) only after giving the person an opportunity to be heard and to make representations on the matter.
(4) As soon as practicable after a vacancy occurs in the office of Official Receiver or Deputy Official Receiver, the Cabinet Secretary shall appoint a suitably qualified person to fill the vacancy.
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