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Housing and Regeneration Act 2008
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154Proposals: effect
This section has no associated Explanatory Notes
(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 an industrial and provident 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.
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