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4. For the purpose of excluding his rights under an unapproved pension arrangement from his estate for the purposes of Article 9 and Parts VIII to X of the 1989 Order (which cover individual voluntary arrangements, bankruptcy and individual insolvency), a bankrupt may—
(a)make an application to the High Court for an order (“an exclusion order”) in accordance with the provisions of regulation 5;
(b)enter into a qualifying agreement with the trustee in bankruptcy in accordance with the provisions of regulation 6.
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