Sch 7 para 11
(1) Article 20A (prosecution of delinquent officers of company) is amended as follows. (2) For paragraph (1) substitute— (1) This Article applies where the approval of a voluntary arrangement in relation to a company has taken effect under Article 17A. (3) In paragraph (2)— (a) for the words before sub-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 sub-paragraph (b), omit “nominee or”. (4) In paragraph (8), omit “nominee or”.