# Corporate Insolvency and Governance Act 2020, Paragraph 7


(1) Section 7A (prosecution of delinquent officers of company) is amended as follows.
(2) For subsection (1) substitute—
“(1) This section applies where the approval of a voluntary arrangement in relation to a company has taken effect under section 4A.”
(3) In subsection (2)—
(a) for the words before paragraph (a) substitute “ If it appears to the supervisor that any past or present officer of the company has committed an offence in connection with the voluntary arrangement, the supervisor must forthwith ”;
(b) in paragraph (b), omit “nominee or”.
(4) In subsection (8), omit “nominee or”.

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Source: https://www.legislation.gov.uk/ukpga/2020/12/schedule/3/paragraph/7 (the official version)
Page: https://openlegislation.uk/corporate-insolvency-and-governance-act-2020/schedule-3/paragraph-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.