Part 2Regulation of Social Housing
Chapter 4Registered providers
Insolvency etc.
I1148Effect of moratorium
1
During a moratorium the HCA—
a
may not give the registered provider a direction under section 32(4), and
b
may not 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.