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PART VIIIN.I.INDIVIDUAL VOLUNTARY ARRANGEMENTS

CHAPTER IN.I.DEEDS OF ARRANGEMENT

Provisions as to trusteesN.I.

Notice to creditors of avoidance of deedN.I.

217.—(1) When a deed of arrangement is void by virtue of this Chapter for any reason other than that, being for the benefit of creditors generally, it has not been registered within the time allowed for the purpose by Article 214, the trustee shall—

(a)as soon as practicable after he has become aware that the deed is void, give notice in writing thereof to each creditor whose name and address he knows; and

(b)file a copy of the notice with the registrar.

(2) If paragraph (1) is contravened the trustee shall be guilty of an offence.