(1) From among all those persons prepared to take on insolvency administration work the insolvency court is to select and appoint as insolvency administrator an independent natural person who is suited to the case at hand, who is particularly experienced in business affairs and independent of the creditors and of the debtor. Anyone who was involved in a debtor’s restructuring matters in the capacity as restructuring officer or restructuring moderator may, if the debtor satisfies at least two out of the three criteria referred to in section 22a (1), only be appointed as insolvency administrator if the provisional creditors’ committee consents thereto. The willingness to take on insolvency administration work may be restricted to certain proceedings. The requisite independence is not already ruled out on account of the fact that
1. the person’s name was put forward by the debtor or by a creditor or
2. the person in question had given the debtor advice of a general nature on the course and consequences of the insolvency proceedings prior to the request for the opening of insolvency proceedings being filed.
(2) The insolvency administrator receives a letter documenting his or her appointment. Upon termination of office, the insolvency administrator is required to return the letter to the insolvency court.