C1Part 2Regulation of Social Housing
Chapter 6Regulatory powers
Management and constitution
214Companies: change of articles
I21
This section applies to a registered company.
2I1
An amendment of the company's articles of association requires consent if it—
a
alters the company's objects,
b
makes provision about the distribution of assets to members, or
c
enables the company to become, or cease to be, a subsidiary or associate of another body.
I23
An amendment of the articles of association which requires consent is effective only if the regulator has first consented.
I24
The regulator may not consent to an amendment which it thinks would turn the company into a profit-making organisation.
I25
The company must notify the regulator—
a
of an amendment of the articles of association which does not require consent, or
b
of a change to its name or registered office.
I26
In relation to an amendment which requires consent the requirement in section 30 of the Companies Act 2006 (c. 46) (sending copy of resolution to registrar) is satisfied only if the copy is accompanied by a copy of the regulator's consent.
7I1
The Secretary of State may by order amend the list in subsection (2).
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. 911141517)