Housing (Scotland) Act 2010

77Further moratorium

This section has no associated Explanatory Notes

(1)If a moratorium ends (other than by cancellation), taking a step specified in the table in section 73 in respect of the registered social landlord concerned within 3 years of the moratorium ending does not trigger another moratorium.

(2)But the Regulator may, in such circumstances, renew the original moratorium for a specified period if all of the registered social landlord’s secured creditors whom the Regulator can locate after making reasonable enquiries consent to the renewal.

(3)The Regulator must give notice of a renewal of a moratorium to—

(a)the registered social landlord, and

(b)any liquidator, administrative receiver, receiver or administrator appointed in respect of the registered social landlord or its land.