PART 4Social housing in England
CHAPTER 5Insolvency of registered providers of social housing
Restrictions on other insolvency procedures
I1108Enforcement of security
1
This section applies in relation to a private 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
A person may not take any step to enforce a security over property of the registered provider unless—
a
notice of the intention to do so has been given to the Regulator of Social Housing and a period of at least 28 days has elapsed since the notice was given, or
b
the Regulator of Social Housing has waived the notice requirement in paragraph (a).
3
In the case of a company which is a foreign company, the reference to the property of the company is to its property in the United Kingdom.
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.