[(1) This section applies to a decision, under section 4, with respect to the approval of a proposed voluntary arrangement.
(2) The decision has effect if, in accordance with the rules—
(a) it has been taken by [the meeting of the company summoned under section 3 and by the company's creditors pursuant to that section], or
(b) (subject to any order made under subsection (4)) it has been taken by the [company's creditors pursuant to] that section.
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