{
  "url": "https://openlegislation.uk/co-operative-and-community-benefit-societies-act-2014/section-65",
  "json_url": "https://openlegislation.uk/co-operative-and-community-benefit-societies-act-2014/section-65.json",
  "legislation": "ukpga/2014/14",
  "legislation_title": "Co-operative and Community Benefit Societies Act 2014",
  "legislation_url": "https://openlegislation.uk/co-operative-and-community-benefit-societies-act-2014",
  "path": "section/65",
  "kind": "section",
  "number": "65",
  "heading": "English and Welsh societies: restriction on appointment of administrative receiver",
  "text": "(1) The holder of a qualifying floating charge in respect of the property of a relevant society whose registered office is situated in England and Wales may not appoint an administrative receiver of the society.\n(2) This section applies to a floating charge which is created by a relevant society on or after 6th April 2014 and is either—\n(a) a charge in respect of which an application under section 59 has been made; or\n(b) a charge created by a debenture registered under section 9 of the Agricultural Credits Act 1928 as applied by section 14 of that Act.\n(3) This section applies in spite of any provision of an agreement or instrument which purports to empower a person to appoint an administrative receiver (by whatever name).\n(4) In this section—\n“administrative receiver”, in relation to a relevant society, means—\n(a)a receiver or manager of the whole (or substantially the whole) of the society's property appointed by or on behalf of the holder of a floating charge, or by such a charge and one or more other securities, or\n(b)a person who would be such a receiver or manager but for the appointment of some other person as the receiver of part of the society's property;\n“holder of a qualifying floating charge in respect of the property of a relevant society” has the meaning given in paragraph 14 of Schedule B1 to the Insolvency Act 1986 as applied in relation to a relevant society by an order under section 118;\n“relevant society” means a registered society which is not—\n(a)a private registered provider of social housing; or\n(b)registered as a social landlord under Part 1 of the Housing Act 1996 or under Part 2 of the Housing (Scotland) Act 2010.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2014/14/section/65",
    "retrieved_at": "2026-10-29T09:07:41.913207+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}