Part 4: Social Housing in England Chapter 5: Insolvency of Registered Providers of Social Housing Restrictions on other insolvency procedures Section 108: Enforcement of security
This section prevents a person taking any step to enforce security over property of a registered provider unless:
notice of the intention to do so has been given to the Regulator of Social Housing; and a period of at least 28 days has elapsed since the notice was given; or
the Regulator of Social Housing has waived the notice requirement.
	In the case of a foreign company, subsection (3) clarifies that the reference to the property of the registered provider is to its property in the UK.
	Subsection (4) provides that the Regulator of Social Housing must give the Secretary of State a copy of any notice given under subsection (2)(a) and subsection (5) provides that the Regulator of Social Housing may only waive the notice requirement in subsection (2)(a) if it has the Secretary of State's consent.