# Housing and Planning Act 2016, Paragraph 24


Paragraph 99 (charges and liabilities upon vacation of office by administrator) is to have effect as if—
(a) in sub-paragraph (4), for the words from the beginning to “cessation”, in the first place, there were substituted “ A sum falling within sub-paragraph (4A) ”,
(b) after that sub-paragraph there were inserted—
“(4A) A sum falls within this sub-paragraph if it is—
(a) a sum payable in respect of a debt or other liability arising out of a contract that was entered into before cessation by the former housing administrator or a predecessor,
(b) a sum that must be repaid by the company in respect of a grant that was made under section 109 of the Housing and Planning Act 2016 before cessation,
(c) a sum that must be repaid by the company in respect of a loan made under that section before cessation or that must be paid by the company in respect of interest payable on such a loan,
(d) a sum payable by the company under section 111 of that Act in respect of an agreement to indemnify made before cessation, or
(e) a sum payable by the company under section 113 of that Act in respect of a guarantee given before cessation.”, and”
(c) in sub-paragraph (5), for “(4)” there were substituted “ (4A)(a) ”.

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Source: https://www.legislation.gov.uk/ukpga/2016/22/schedule/5/paragraph/24 (the official version)
Page: https://openlegislation.uk/housing-and-planning-act-2016/schedule-5/paragraph-24
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.