Part 2Regulation of Social Housing
Chapter 4Registered providers
Restructuring and dissolution
I1160Company: arrangements and reconstructions
1
This section applies to a non-profit registered provider which is a registered company.
2
A voluntary arrangement under Part 1 of the Insolvency Act 1986 (c. 45) in relation to the company is effective only if the regulator has first consented.
3
An order under section 899 of the Companies Act 2006 (c. 46) (court sanction for compromise or arrangement)—
a
is effective only if the regulator has first consented, and
b
does not take effect until a copy of the consent is delivered to the registrar of companies.
4
An order under section 900 of the Companies Act 2006 (powers of court to facilitate reconstruction or amalgamation) is effective only if the regulator has first consented.
5
The requirement in section 900(6) of the Companies Act 2006 (sending copy of order to registrar) is satisfied only if the copy is accompanied by a copy of the regulator's consent.