SCHEDULE 1

PART 1Application of Schedule B1 to registered societies

Specific modifications33

Paragraph 111 is to have effect as if—

a

in sub-paragraph (1), the definitions of “holder of a qualifying floating charge”, “the purpose of administration” and “unable to pay its debts” were omitted,

b

in that sub-paragraph, at the appropriate places there were inserted—

  • “court” has the same meaning as in Chapter 5 of Part 4 of the Housing and Planning Act 2016,

  • “housing administration application” means an application to the court for a housing administration order under Chapter 5 of Part 4 of the Housing and Planning Act 2016;

  • “housing administration order” has the same meaning as in Chapter 5 of Part 4 of the Housing and Planning Act 2016;

  • “objectives”, in relation to a housing administration, is to be read in accordance with section 96(4) of the Housing and Planning Act 2016;

  • “prescribed” means prescribed by housing administration rules within the meaning of Chapter 5 of Part 4 of the Housing and Planning Act 2016;

  • “registered society” has the same meaning as in Chapter 5 of Part 4 of the Housing and Planning Act 2016.

c

after sub-paragraph (3) there were inserted—

4

For the purposes of this Schedule a reference to an appointment under a housing administration order includes a reference to an appointment under paragraph 91 or 103.