The appointment of any person as the nominee purchaser1, or as one of the persons constituting the nominee purchaser, may be terminated by the participating tenants2 by the giving of a notice stating that that person's appointment is to terminate on the date on which the notice is given3. Any such notice must be given:
(1) to the person whose appointment is being terminated; and
(2) to the reversioner in respect of the specified premises4.
Any such notice must in addition either:
(a) specify the name or names of the person or persons constituting the nominee purchaser as from the
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