PART 3Notification and related requirements

Conversion of a relevant body into a CIO4.

(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—

(a)

a charitable company; or

(b)

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

“relevant resolution” means—

(a)

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

(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.