SCHEDULES

SCHEDULE 5Conduct of housing administration: companies

PART 1Modifications of Schedule B1 to the Insolvency Act 1986

Specific modifications

I127

Paragraph 103 (appointment of additional administrators) is to have effect as if—

a

in sub-paragraph (2) the words from the beginning to “order” were omitted and for paragraph (a) there were substituted—

a

the Secretary of State,

aa

the Regulator of Social Housing, or

b

after that sub-paragraph there were inserted—

2A

The consent of the Secretary of State is required for an application by the Regulator of Social Housing for the purposes of sub-paragraph (2).

c

sub-paragraphs (3) to (5) were omitted.