Section 357(2A)

Where under section 257 of the 1986 Act the individual’s creditors are asked to decide whether to approve the proposed voluntary arrangement— notice of the creditors’ decision procedure must be given to the appropriate regulator; and the appropriate regulator or a person appointed by the appropriate regulator is entitled to participate in (but not vote in) the creditors’ decision procedure by which the decision is made.

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Source: legislation.gov.uk · retrieved 2026-09-04