Part 2Regulation of Social Housing
Chapter 4Registered providers
Insolvency etc.
147Further moratorium
1
This section applies if—
a
a moratorium in respect of a registered provider ends otherwise than by cancellation, and
b
a further step specified in section 145 is taken in relation to the provider within the period of 3 years beginning with the end of the moratorium.
2
The further step does not automatically trigger a further moratorium.
3
But the regulator may impose a further moratorium for a specified period, if each secured creditor of the registered provider whom the regulator is able to locate after making reasonable enquiries consents.
4
If the regulator imposes a new moratorium it shall notify—
a
the registered provider,
b
any liquidator, administrator, administrative receiver or receiver appointed in respect of the registered provider or any of its land, and
c
the HCA.
5
This group of sections applies to a further moratorium as to a first moratorium (except for section 146(2)).