424 Those who may apply for an order under s 423
424 Those who may apply for an order under s 423

(1)     An application for an order under section 423 shall not be made in relation to a transaction except—

(a)     in a case where the debtor has been [made] bankrupt or is a body corporate which is being wound up or [is in administration], by the official receiver, by the trustee of the bankrupt's estate or the liquidator or administrator of the body corporate or (with the leave of the court) by a victim of the transaction;

(b)     in a case where a victim of the transaction is bound by a voluntary arrangement approved under Part I or Part VIII of this Act, by the supervisor of the voluntary arrangement or by any person who (whether or not so bound) is such a victim; or