The liquidator shall be appointed in accordance with a resolution issued by the Unit holders assembly, except in the event in which the Authority decides to appoint such liquidator in accordance with Article (1-12) of this Module. In the event of selecting the liquidator by the Unit holder’s Assembly, the Authority’s approval must be obtained prior to the appointment. In all events, the body selecting the liquidator shall specify the fees thereof and the liquidation term, provided that the Fund shall incur these fees.