Housing and Regeneration Act 2008

147Further moratorium
This section has no associated Explanatory Notes

(1)This section applies if—

(a)a moratorium in respect of a registered provider ends otherwise than by cancellation, and

(b)a further step specified in section 145 is taken in relation to the provider within the period of 3 years beginning with the end of the moratorium.

(2)The further step does not automatically trigger a further moratorium.

(3)But the regulator may impose a further moratorium for a specified period, if each secured creditor of the registered provider whom the regulator is able to locate after making reasonable enquiries consents.

(4)If the regulator imposes a new moratorium it shall notify—

(a)the registered provider,

(b)any liquidator, administrator, administrative receiver or receiver appointed in respect of the registered provider or any of its land, and

(c)the HCA.

(5)This group of sections applies to a further moratorium as to a first moratorium (except for section 146(2)).