s 277 Nominee
277.—(1) Every debtor making a proposal for the purpose of this Part must in such proposal appoint a nominee to act in relation to the voluntary arrangement either as trustee or otherwise for the purpose of supervising its implementation.
(2) No person may be appointed as a nominee unless that person is a licensed insolvency practitioner.
(3) The Minister may make regulations prescribing the scale of fees to be charged by nominees assisting debtors in respect of voluntary arrangements.
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