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Part 2 E+WRegulation of Social Housing

Chapter 4E+WRegistered providers

Insolvency etc.E+W

148Effect of moratoriumE+W

(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.

Commencement Information

I1S. 148 in force at 1.4.2010 by S.I. 2010/862, art. 2 (with Sch.)