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Rule 5.27 Reports to Department

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

Immediately after the chairman of the creditors' meeting has filed in court a report that the meeting has approved the voluntary arrangement, he shall report to the Department the following details of the voluntary arrangement—

(a)

the name and address of the debtor;

(b)

the date on which the voluntary arrangement was approved by the creditors; and

(c)

the name and address of the supervisor.

(2)

A person who is appointed to act as supervisor of a voluntary arrangement (whether in the first instance or by way of replacement of another person previously appointed) shall forthwith give written notice to the Department of his appointment.

(3)

If he vacates office as supervisor, he shall forthwith give written notice of that fact also to the Department.

[E.R.5.24]