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Published 07:35 30 Sept 2021 BST
Updated 08:01 30 Sept 2021 BST
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Mr Spears had stepped down temporarily from his role overseeing Britney's personal affairs in 2019, citing health issues. However, he had been in control of her finances.
Previously, Britney's legal team claimed that Jamie Spears was seeking $2 million in payouts before withdrawing from his role in the conservatorship.
Around the world, members of the #FreeBritney movement celebrated the latest update in the star's legal battle.
The legal arrangement was first put in place in 2008, and was the subject of the 2021 documentary Framing Britney Spears.
Over the summer, Britney spoke in court about the impact the conservatorship has had on her life.
She said: "I've told the whole world I'm OK, it's a lie. I truly believe that this conservatorship is abusive. My request is to end the conservatorship without being evaluated like before."‘People were mad’ – Olivia Wilde opens up about her relationship with Harry Styles
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