Housing and Regeneration Act 2008 (c. 17)

Part 2 E+W Regulation of Social Housing

Modifications etc. (not altering text)

C1 Pt. 2 modified (1.4.2012) by Localism Act 2011 (c. 20), s. 240(2), Sch. 16 para. 69(2); S.I. 2012/628, art. 6(i) (with arts. 9 11 14 15 17)

Chapter 4 E+W Registered providers

Insolvency etc. E+W

154 Proposals: effect E+W

(1) The following are obliged to implement agreed proposals—

(a) the regulator,

(b) the registered provider,

(c) its creditors, and

(d) any liquidator, administrator, administrative receiver or receiver appointed in respect of the registered provider or any of its land.

(2) The following shall co-operate with implementation of agreed proposals—

(a) in the case of a charitable trust, its trustees,

(b) in the case of [F1 a registered society], its committee members, and

(c) in the case of a registered company, its directors.

(3) Subsection (2) does not require or permit a breach of a fiduciary or other duty.

Textual Amendments

F1 Words in Act substituted (1.8.2014) by Co-operative and Community Benefit Societies Act 2014 (c. 14), s. 154, Sch. 4 para. 122 (with Sch. 5)

Commencement Information

I1 S. 154 in force at 1.4.2010 by S.I. 2010/862, art. 2 (with Sch.)