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4.—(1) A relevant PRP must notify the Regulator of Social Housing(1) if it passes a relevant resolution to convert into a CIO.
(2) A relevant company that applies to the Commission to be converted into a CIO, and for the CIO’s registration as a charity, must supply the Commission with a statement confirming that the Regulator of Social Housing has been notified in accordance with paragraph (1).
(3) The Commission must refuse such an application unless it is supplied with the statement mentioned in paragraph (2).
(4) In this regulation—
“relevant PRP” means a private registered provider of social housing that is—
a charitable company; or
a community interest company within the meaning of Part 2 of the Companies (Audit, Investigations and Community Enterprise) Act 2004(2);
“relevant resolution” means—
in the case of a charitable company, a resolution that complies with section 228(4) of the 2011 Act;
in the case of a community interest company, a resolution that complies with any requirements imposed by the CIO regulations(3) with regard to resolutions to convert into a CIO.
The Regulator of Social Housing was established by section 80A(1) of the Housing and Regeneration Act 2008.
“CIO regulations” is defined in section 247 of the Charities Act 2011.
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