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Paragraph 31 Winding up

Original text. Later amendments are not shown.

(1)

Sub-paragraph (2) applies if—

(a)

the TSA has presented (or is treated as having presented) a petition before the commencement date under paragraph 14 of Schedule 1 to the 1996 Act for the winding up of an English registered social landlord, and

(b)

the petition has not been finally decided or withdrawn before that date.

(2)

The petition is to be treated, on and after the commencement date, as a petition under section 166 of the 2008 Act (winding up petition by regulator) in relation to the person in question.