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Commencement Information
I1Sch. 7 wholly in force at 1.11.2001, see s. 113 and S.S.I. 2001/336, art. 2(3), Sch. Pt. II (subject to transitional provisions in art. 3) (as amended by S.S.I. 2001/397, art. 7(b))
11The Scottish Ministers may present a petition for the winding up under the Insolvency Act 1986 (c.45) of a registered social landlord on the ground that—
(a)the landlord is failing properly to carry out its purposes or objects,
(b)the landlord is unable to pay its debts within the meaning of section 123 of that Act.