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    <title>TEMPORARY SURRENDER AND REVIVAL OF PROFESSIONAL MEMBERSHIP OF INSOLVENCY PROFESSIONAL</title>
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    <description>Regulation 7 and 7A require registration and a valid authorization for assignment to act as an insolvency professional; prior Model Bye-laws and Regulation 10 set out procedures, forms, reporting obligations to the Board, and grounds for non-acceptance or refusal of temporary surrender and revival. Subsequent amendments and a Board clarification removed the prior temporary surrender mechanism, so insolvency professionals cannot temporarily surrender membership under the current regime.</description>
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      <description>Regulation 7 and 7A require registration and a valid authorization for assignment to act as an insolvency professional; prior Model Bye-laws and Regulation 10 set out procedures, forms, reporting obligations to the Board, and grounds for non-acceptance or refusal of temporary surrender and revival. Subsequent amendments and a Board clarification removed the prior temporary surrender mechanism, so insolvency professionals cannot temporarily surrender membership under the current regime.</description>
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