Part XXIV Insolvency

Voluntary arrangements

C1C2356 Authority’s powers to participate in proceedings: company voluntary arrangements.

F11

Where a voluntary arrangement has effect under Part I of the 1986 Act in respect of a company or insolvent partnership which is an authorised person, the Authority may apply to the court under section 6 or 7 of that Act.

F22

Where a voluntary arrangement has been approved under Part II of the 1989 Order in respect of a company or insolvent partnership which is an authorised person, the Authority may apply to the court under Article 19 or 20 of that Order.

3

If a person other than the Authority makes an application to the court in relation to the company or insolvent partnership under F3any of those provisions, the Authority is entitled to be heard at any hearing relating to the application.