PART 3Notification and related requirements

Conversion of a relevant body into a CIOI14

1

A relevant PRP must notify the Regulator of Social Housing9 if it passes a relevant resolution to convert into a CIO.

2

A F1relevant PRP that applies to the Commission to be converted into a CIO, and for the CIO’s registration as a charity, must supply the Commission with a statement confirming that the Regulator of Social Housing has been notified in accordance with paragraph (1).

3

The Commission must refuse such an application unless it is supplied with the statement mentioned in paragraph (2).

4

In this regulation—

  • relevant PRP” means a private registered provider of social housing that is—

    1. a

      a charitable company; or

    2. b

      a community interest company within the meaning of Part 2 of the Companies (Audit, Investigations and Community Enterprise) Act 200410;

  • relevant resolution” means—

    1. a

      in the case of a charitable company, a resolution that complies with section 228(4) of the 2011 Act;

    2. b

      in the case of a community interest company, a resolution that complies with F2regulation 4(4) of the Charitable Incorporated Organisations (Conversion) Regulations 2017.