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Can you be a school governor in an IVA

Sorry, another question, I have just googled bankrupty/school governors, and it is as I thought, you can't be a governor if bankrupt. However, I was quite worried to see that it says you can't be a governor if you are in a composite arrangement to pay creditors - does that include an IVA? I am a school governor, only have collective responsibility for budgets, never individual. Does this mean if I go for an IVA I'll have to give that up? Thanks for any help.

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