Section 77 Further moratoriumI1

(1)

If a moratorium ends (other than by cancellation), taking a step specified in the table in section 73 in respect of the registered social landlord concerned within 3 years of the moratorium ending does not trigger another moratorium.

(2)

But the Regulator may, in such circumstances, renew the original moratorium for a specified period if all of the registered social landlord's secured creditors whom the Regulator can locate after making reasonable enquiries consent to the renewal.

(3)

The Regulator must give notice of a renewal of a moratorium to—

(a)

the registered social landlord, and

(b)

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

Annotations

Commencement

I1: S. 77 in force at 1.4.2012 by S.S.I. 2012/39, art. 2, Sch. 1 (with Sch. 2)