Part 8 – Amendments of Part 5 of the Building Safety Act 2022 Section 119: Higher-risk and relevant buildings: notifications in connection with insolvency
Section 119 is aimed at improving regulator awareness of buildings where the person with repairing obligations relating to a relevant or higher risk building is insolvent.
	This Section inserts Section 125A before Section 126 of the Building Safety Act 2022. Section 125A imposes a new duty on insolvency practitioners to notify local and fire and rescue authorities and, in relation to higher risk (18m+) buildings, the Building Safety Regulator - if they are appointed in relation to the insolvency of a person with repairing obligations for a relevant or higher risk building (known as a "responsible person"). This allows local and fire and rescue authorities and the Building Safety Regulator, at their discretion, to meet with the insolvency practitioner and/or leaseholders and inspect the building to make sure it is being managed appropriately and that leaseholders are safe.
	Subsection (2) sets out who the responsible person is for a higher risk building and, separately, a relevant building (which is not a higher risk building).
	Subsection (3) sets out that the required information must be given to the local authority and fire and rescue authority for the area in which the building for which the person is responsible, is situated. Subsection (5) requires that the required information must be provided within 14 days of the insolvency practitioner’s appointment.
	Subsection (4) provides that the insolvency practitioner must also inform the Building Safety Regulator where the building for which the person is responsible is a higher-risk building. Subsection (5) also applies to this subsection.
	Subsection (6) describes the required information that the insolvency practitioner must provide under subsections (3) and (4).
	Subsection (7) clarifies that a local authority or fire and rescue authority need only be notified about buildings, or registered estates or interests in buildings, in their area.
	Subsections (8) and (9) set out definitions which apply to this Section.