No versions valid at: 23/09/2016
Point in time view as at 23/09/2016. This version of this provision is not valid for this point in time.
Housing and Planning Act 2016, Section 96 is up to date with all changes known to be in force on or before 01 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
Valid from 05/07/2018
(1)A housing administrator has two objectives—
(a)Objective 1: normal administration (see section 97), and
(b)Objective 2: keeping social housing in the regulated sector (see section 98).
(2)Objective 1 takes priority over Objective 2 (but the housing administrator must, so far as possible, work towards both objectives).
(3)It follows that, in pursuing Objective 2, the housing administrator must not do anything that would result in a worse distribution to creditors than would be the case if the administrator did not need to pursue Objective 2.
(4)A reference in this Chapter to the objectives of a housing administration is to the objectives to be pursued by the housing administrator.
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