OpenLegislation

Section 147 Further moratoriumI1

England and Wales

(1)

This section applies if—

(a)

a moratorium in respect of a F1private registered provider ends otherwise than by cancellation, and

(b)

a further F2event mentioned in section 145(2) occurs in relation to the provider within the period of 3 years beginning with the end of the moratorium.

(2)

The further F3event mentioned in section 145(2 does not automatically trigger a further moratorium.

(3)

But the regulator may impose a further moratorium for a specified F4period if—

(a)

the regulator has made reasonable enquiries with a view to locating secured creditors of the registered provider, and

(b)

where the regulator located one or more such creditors, each of them has consented to the further moratorium.

(4)

If the regulator imposes a new moratorium it shall notify—

F5(za)

the HCA,

(a)

the registered provider,F6and

(b)

any liquidator, administrator, administrative receiver or receiver appointed in respect of the registered provider or any of its land, F7...

F8(c)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F9(4A)

If the regulator imposes a new moratorium in respect of a private registered provider who owns land in Greater London, the regulator shall also notify the Greater London Authority.

(5)

This group of sections applies to a further moratorium as to a first moratorium (except for section 146(2)).

Annotations

Textual amendments

F1

Words in s. 147(1)(a) substituted (1.4.2010) by The Housing and Regeneration Act 2008 (Registration of Local Authorities) Order 2010 (S.I. 2010/844), art. 1(2), Sch. 1 para. 30

F2

Words in s. 147(1)(b) substituted (1.4.2024) by The Social Housing (Regulation) Act 2023 (Consequential and Miscellaneous Amendments) Regulations 2024 (S.I. 2024/399), reg. 1(3), Sch. 1 para. 1(4)(a); S.I. 2024/437, reg. 2(e)

F3

Words in s. 147(2) substituted (1.4.2024) by The Social Housing (Regulation) Act 2023 (Consequential and Miscellaneous Amendments) Regulations 2024 (S.I. 2024/399), reg. 1(3), Sch. 1 para. 1(4)(b); S.I. 2024/437, reg. 2(e)

F4

Words in s. 147(3) substituted (1.4.2024) by Social Housing (Regulation) Act 2023 (c. 36), ss. 12(4), 46(3); S.I. 2024/437, reg. 2(e)

F5

S. 147(4)(za) inserted (1.10.2018) by The Legislative Reform (Regulator of Social Housing) (England) Order 2018 (S.I. 2018/1040), art. 1(2), Sch. para. 24 (with Pt. 4)

F6

Word in s. 147(4)(a) inserted (1.4.2012) by Localism Act 2011 (c. 20), s. 240(2), Sch. 16 para. 40(a); S.I. 2012/628, art. 6(i) (with arts. 9 11 14 15 17)

F7

Word in s. 147(4)(b) repealed (1.4.2012) by Localism Act 2011 (c. 20), s. 240(2), Sch. 25 Pt. 26; S.I. 2012/628, art. 6(j) (with arts. 9 11 14 15 17)

F8

S. 147(4)(c) repealed (1.4.2012) by Localism Act 2011 (c. 20), s. 240(2), Sch. 16 para. 40(b), Sch. 25 Pt. 26; S.I. 2012/628, art. 6(i)(j) (with arts. 9 11 14 15 17)

F9

S. 147(4A) inserted (1.4.2012) by Localism Act 2011 (c. 20), s. 240(2), Sch. 19 para. 51; S.I. 2012/628, art. 6(i) (with arts. 9 11 14 15 17)

Commencement

I1

S. 147 in force at 1.4.2010 by S.I. 2010/862, art. 2 (with Sch.)

Notes on Part 2

Modifications

C1

Pt. 2 modified (1.4.2012) by Localism Act 2011 (c. 20), s. 240(2), Sch. 16 para. 69(2); S.I. 2012/628, art. 6(i) (with arts. 9 11 14 15 17)