7 Implementation of proposal
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.

(3)     If any of the company's creditors or any other person is dissatisfied by any act,

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