7 Implementation of proposal
7 Implementation of proposal

(1)     This section applies where a voluntary arrangement [has effect under section 4A].

(2)     The person who is for the time being carrying out in relation to the voluntary arrangement the functions conferred—

[(a)     on the nominee by virtue of the approval [of the voluntary arrangement by the company or its creditors (or both) pursuant to] section 3,]

(b)     by virtue of section 2(4) or 4(2) on a person other than the nominee,

shall be known as the supervisor of the voluntary arrangement.

Popular documents