sec.20Financial management plan

### sec.20 Financial management plan Unless the tribunal orders otherwise, a person who agrees to a proposed appointment as an administrator must give a financial management plan to the tribunal, or its appropriately qualified nominee, for approval. The tribunal, or its appropriately qualified nominee, may approve a financial management plan. In this section— appropriately qualified , for a nominee in relation to a financial management plan, means having the qualifications or experience appropriate to approve the plan. s 20 amd 2003 No. 87 s 4 ; 2008 No. 54 s 4 (sec.20-ssec.1) Unless the tribunal orders otherwise, a person who agrees to a proposed appointment as an administrator must give a financial management plan to the tribunal, or its appropriately qualified nominee, for approval. (sec.20-ssec.2) The tribunal, or its appropriately qualified nominee, may approve a financial management plan. (sec.20-ssec.3) In this section— appropriately qualified , for a nominee in relation to a financial management plan, means having the qualifications or experience appropriate to approve the plan.