67. Supervisor to be insolvency practitioner.

67.     Supervisor to be insolvency practitioner.

A person who acts as supervisor of a voluntary arrangement1 must be qualified to act as an insolvency practitioner2 in relation to the individual or must be authorised so to act3. The official receiver is authorised to act as nominee or supervisor in relation to a voluntary arrangement provided that the debtor is an undischarged bankrupt when the arrangement is proposed4.