PART 4

Social housing in England
CHAPTER 5

Insolvency of registered providers of social housing

Housing administration

Objectives of housing administration
96
1
A housing administrator has two objectives—
a
Objective 1: normal administration (see section 97), and
b
Objective 2: keeping social housing in the regulated sector (see section 98).
2
Objective 1 takes priority over Objective 2 (but the housing administrator must, so far as possible, work towards both objectives).
3
It follows that, in pursuing Objective 2, the housing administrator must not do anything that would result in a worse distribution to creditors than would be the case if the administrator did not need to pursue Objective 2.
4
A reference in this Chapter to the objectives of a housing administration is to the objectives to be pursued by the housing administrator.
S. 96 in force at 5.7.2018 by S.I. 2018/805, reg. 3(a)