After a successful election petition by the seat's runner-up, Alfred Manase, the court yesterday ruled that five ballot boxes in Mr Polye's Kandep electorate were not properly counted by the Electoral Commission.
Sam Basil is to be the new opposition leader after Mr Polye today announced he respected the court decision and would step aside.
The Kandep leader has however voiced concern over the fairness of the decision, suggesting it had a political dimension to it, coming towards the end of PNG's five year parliamentary term.