PART 4Social housing in England

CHAPTER 5Insolvency of registered providers of social housing

Restrictions on other insolvency procedures

104Winding-up orders

(1)This section applies if a person other than the Secretary of State petitions for the winding-up of a registered provider that is—

(a)a company,

(b)a registered society within the meaning of the Co-operative and Community Benefit Societies Act 2014, or

(c)a charitable incorporated organisation within the meaning of Part 11 of the Charities Act 2011.

(2)The court may not exercise its powers on a winding-up petition unless—

(a)notice of the petition has been given to the Regulator of Social Housing and a period of at least 28 days has elapsed since that notice was given, or

(b)the Regulator of Social Housing has waived the notice requirement in paragraph (a).

(3)If an application for a housing administration order in relation to the registered provider is made to the court in accordance with section 99 before a winding-up order is made on the petition, the court may exercise its powers under section 100 (instead of exercising its powers on the petition).

(4)The Regulator of Social Housing must give the Secretary of State a copy of any notice given under subsection (2)(a).

(5)The Regulator of Social Housing may waive the notice requirement under subsection (2)(a) only with the consent of the Secretary of State.

(6)References in this section to the court’s powers on a winding-up petition are to—

(a)its powers under section 125 of the Insolvency Act 1986 (other than its power of adjournment), and

(b)its powers under section 135 of the Insolvency Act 1986.