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Housing and Planning Act 2016

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Housing and Planning Act 2016, Paragraph 24 is up to date with all changes known to be in force on or before 16 February 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations. Help about Changes to Legislation

This section has no associated Explanatory Notes

24U.K.Paragraph 99 (charges and liabilities upon vacation of office by administrator) is to have effect as if—

(a)in sub-paragraph (4), for the words from the beginning to “cessation”, in the first place, there were substituted “ A sum falling within sub-paragraph (4A) ”,

(b)after that sub-paragraph there were inserted—

(4A)A sum falls within this sub-paragraph if it is—

(a)a sum payable in respect of a debt or other liability arising out of a contract that was entered into before cessation by the former housing administrator or a predecessor,

(b)a sum that must be repaid by the company in respect of a grant that was made under section 109 of the Housing and Planning Act 2016 before cessation,

(c)a sum that must be repaid by the company in respect of a loan made under that section before cessation or that must be paid by the company in respect of interest payable on such a loan,

(d)a sum payable by the company under section 111 of that Act in respect of an agreement to indemnify made before cessation, or

(e)a sum payable by the company under section 113 of that Act in respect of a guarantee given before cessation.”, and

(c)in sub-paragraph (5), for “(4)” there were substituted “ (4A)(a) ”.

Commencement Information

I1Sch. 5 para. 24 in force at 5.7.2018 by S.I. 2018/805, reg. 3(b)

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