Section 494

(1) A creditors' meeting may establish a Creditors' Committee. Creditors' Committee.

(2) A Creditors' Committee shall perform functions conferred on it under this Act.

(3) A Creditors' Committee may require the administrator to-

(a) attend on the Committee at any reasonable time of which he is given at least seven days' notice; and

(b) provide the Committee with information about the exercise of his functions.