The Charitable Incorporated Organisations (Notification Requirements: Social Housing) Regulations 2023
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6 Transfer of relevant CIO’s undertaking
(1) This regulation applies where a relevant CIO passes a resolution that complies with section 240(3) of the 2011 Act that all its property, rights and liabilities are to be transferred to another CIO. (2) The transferor CIO must— (a) notify the Regulator of Social Housing of the resolution mentioned in paragraph (1); and (b) supply the Commission with a statement confirming that the Regulator of Social Housing has been notified in accordance with sub-paragraph (a). (3) The Commission must refuse to confirm the resolution of the transferor CIO unless it is supplied with the statement mentioned in paragraph (2)(b).
6 Transfer of relevant CIO’s undertaking
(1) This regulation applies where a relevant CIO passes a resolution that complies with section 240(3) of the 2011 Act that all its property, rights and liabilities are to be transferred to another CIO. (2) The transferor CIO must— (a) notify the Regulator of Social Housing of the resolution mentioned in paragraph (1); and (b) supply the Commission with a statement confirming that the Regulator of Social Housing has been notified in accordance with sub-paragraph (a). (3) The Commission must refuse to confirm the resolution of the transferor CIO unless it is supplied with the statement mentioned in paragraph (2)(b).
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