C1Part 2Regulation of Social Housing

Annotations:
Modifications etc. (not altering text)

Chapter 4Registered providers

Insolvency etc.

I1147Further moratorium

1

This section applies if—

a

a moratorium in respect of a F1private registered provider ends otherwise than by cancellation, and

b

a further F6notice mentioned in section 145 is given in relation to the provider within the period of 3 years beginning with the end of the moratorium.

2

The further F7notice 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—

F8za

the HCA,

a

the registered provider,F4and

b

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

F2c

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

F34A

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

5

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