Part 7Registered social landlords: insolvency etc.

Moratorium

I178Effect of moratorium

1

During a moratorium a registered social landlord's land may not be disposed of without the Regulator's consent.

2

Subsection (1)—

a

applies to disposals by the registered social landlord and by any other person having power to dispose of the registered social landlord's land, but

b

does not apply to a disposal F1of a type mentioned in paragraphs (a) to (g) and (i) to (k) of section 108(1).

3

The Regulator's consent to a disposal may be given—

a

before or after the moratorium begins,

b

subject to such conditions as the Regulator considers appropriate.

4

A purported disposal during a moratorium without consent is void.