569. Expenses of voluntary arrangements.

569.     Expenses of voluntary arrangements.

Where a bankruptcy order is made on a petition1 by the supervisor of, or any person, other than the individual, who is for the time being bound by, a voluntary arrangement proposed by the individual and approved under Part 8 of the Insolvency Act 19862, any expenses properly incurred as expenses of the administration of the voluntary arrangement in question are a first charge on the bankrupt's estate3.