(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.
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