16 The nominee purchaser: retirement or death

16  The nominee purchaser: retirement or death

(1)ÌýÌýÌýÌý The appointment of any person as the nominee purchaser, or as one of the persons constituting the nominee purchaser, may be terminated by that person by the giving of a notice stating that he is resigning his appointment with effect from 21 days after the date of the notice.

(2)ÌýÌýÌýÌý Any such notice must be given—

(a)ÌýÌýÌýÌý to each of the participating tenants; and

(b)ÌýÌýÌýÌý to the reversioner in respect of the specified premises.

(3)ÌýÌýÌýÌý Where the participating tenants have received any such notice, they shall, within the period of 56 days beginning with the date of the notice, give to the reversioner a notice informing him of the resignation and containing the following particulars, namely—

(a)ÌýÌýÌýÌý the name or names of the person or persons for the time being constituting the nominee purchaser,

(b)ÌýÌýÌýÌý if falling after that date, the date of appointment of that person or of each of those persons, and

(c)ÌýÌýÌýÌý an address in

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