148Effect of moratoriumE+W
(1)During a moratorium [F1neither] the HCA [F2, nor the Greater London Authority, may]—
(a)F3... give the registered provider a direction under section 32(4), [F4or]
(b)F5... take steps to enforce such a direction against the registered provider.
(2)During a moratorium a disposal of the registered provider's land requires the regulator's prior consent.
(3)Section 149 sets out exceptions to subsection (2).
(4)Consent—
(a)may be given before the moratorium begins, and
(b)may be subject to conditions.
(5)This section does not prevent a liquidator from disclaiming land as onerous property during a moratorium.
(6)In this section “land” includes a present or future interest in rent or other receipts arising from land.
Textual Amendments
F1Word in s. 148(1) inserted (1.4.2012) by Localism Act 2011 (c. 20), s. 240(2), Sch. 19 para. 52(a); S.I. 2012/628, art. 6(i) (with arts. 9 11 14 15 17)
F2Words in s. 148(1) inserted (1.4.2012) by Localism Act 2011 (c. 20), s. 240(2), Sch. 19 para. 52(b); S.I. 2012/628, art. 6(i) (with arts. 9 11 14 15 17)
F3Words in s. 148(1)(a) repealed (1.4.2012) by Localism Act 2011 (c. 20), s. 240(2), Sch. 19 para. 52(c), Sch. 25 Pt. 31; S.I. 2012/628, art. 6(i)(j) (with arts. 9 11 14 15 17)
F4Word in s. 148(1) substituted (1.4.2012) by Localism Act 2011 (c. 20), s. 240(2), Sch. 19 para. 52(d); S.I. 2012/628, art. 6(i) (with arts. 9 11 14 15 17)
F5Words in s. 148(1)(b) repealed (1.4.2012) by Localism Act 2011 (c. 20), s. 240(2), Sch. 19 para. 52(c), Sch. 25 Pt. 31; S.I. 2012/628, art. 6(i)(j) (with arts. 9 11 14 15 17)
Commencement Information
I1S. 148 in force at 1.4.2010 by S.I. 2010/862, art. 2 (with Sch.)