SCHEDULES
SCHEDULE 2 Company voluntary arrangements
Part I Amendments of the Insolvency Act 1986
9
In section 7 (implementation of proposal)—
a
in subsection (1), for the words following “voluntary arrangement” there is substituted “
has effect under section 4A
”
,
b
in subsection (2), for paragraph (a) there is substituted—
a
on the nominee by virtue of the approval given at one or both of the meetings summoned under section 3
c
in subsection (5), for “in relation to the company” there is substituted “
or authorised to act as supervisor, in relation to the voluntary arrangement
”
.