C1Part 2Regulation of Social Housing

Annotations:
Modifications etc. (not altering text)

Chapter 4Registered providers

Insolvency etc.

I1146Duration of moratorium

F71

The moratorium begins when the notice mentioned in section 145 is given.

F72

The moratorium ends when one of the following occurs—

a

the expiry of the relevant period,

b

the making of a housing administration order under Chapter 5 of Part 4 of the Housing and Planning Act 2016 in relation to the registered provider, or

c

the cancellation of the moratorium (see subsection (5)).

F72A

The “relevant period” is—

a

the period of 28 days beginning with the day on which the notice mentioned in section 145 is given, plus

b

any period by which that period is extended under subsection (3).

3

During a moratorium the regulator may extend it (or further extend it) for a specified period, with the consent of each secured creditor of the registered provider whom the regulator is able to locate after making reasonable enquiries.

4

If the regulator extends a moratorium it shall notify—

a

the registered provider, F3and

b

any liquidator, administrator, administrative receiver or receiver appointed in respect of the registered provider or its land, F5...

F4c

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F14A

If the regulator extends a moratorium in respect of a private registered provider who owns land in Greater London, the regulator shall also notify the Greater London Authority.

5

During a moratorium the regulator may cancel it if satisfied that it is unnecessary to make proposals under section 152.

F86

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

7

When a moratorium ends the regulator shall give notice, and (except in the case of cancellation) an explanation of section 147, to—

a

the registered provider, and

b

such of its secured creditors as the regulator is able to locate after making reasonable enquiries.

F107A

The regulator shall also notify the HCA as follows—

a

if it extends a moratorium, and

b

when a moratorium ends.

F68

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F28A

When a moratorium in respect of a private registered provider who owns land in Greater London ends, the regulator shall also give notice to the Greater London Authority.

F99

If a notice mentioned in section 145 is given during a moratorium, that does not—

a

start a new moratorium, or

b

alter the existing moratorium's duration.