Part 10Special procedure for disposals and restructuring resulting in change of landlord
Chapter 2Restructuring of a registered social landlord
123Restructuring resulting in change of landlord
1
This Chapter applies to a restructuring by a registered social landlord—
a
in relation to which the Regulator's consent is required under section 97 or 101, and
b
as a result of which a tenant under a Scottish secure tenancy will cease to be a tenant of the registered social landlord proposing the restructuring.
2
Despite subsection (1), this Chapter does not apply where—
a
a registered society converts into a company in accordance with section 52 of the Co-operative and Community Benefit Societies and Credit Unions Act 1965, or
b
the registered social landlord in respect of which a court order is made under section 899 or 900 of the Companies Act 2006 (c.46) is being wound up or is in administration.
3
The special procedure set out in sections 114 to 121 of Chapter 1 applies in relation to a restructuring to which this Chapter applies as it applies in relation to a disposal to which Chapter 1 applies.