15.The matters dealt with in the Act may be summarised as follows:-
	Sections 1 – 3 and Schedules 1 – 3 deal with voluntary arrangements;
	Section 4 deals with the qualification and authorisation of nominees and supervisors in voluntary arrangements;
	Sections 5 – 8 and Schedule 4 deal with disqualification of company directors;
	Section 9 prohibits the exercise of the right of forfeiture by peaceable re-entry during the administration procedure, except with leave of court;
	Section 10 deals with the reporting of suspected offences;
	Section 11 deals with the restriction on use of answers obtained under compulsion;
	Section 12 deals with insolvent estates of deceased persons;
	Section 13 deals with the interest on sums held to the credit of bankrupts’ estates in the Insolvency Services Account;
	Section 14 deals with the model law on cross-border insolvency; and
	Section 15 deals with the rights of the Financial Services Authority to make certain applications to the court and makes repeals.
The Act