HOUSING ACT 2003 - SECT 162
Transitional arrangements for particular accommodation providers mentioned in s 161
HOUSING ACT 2003 - SECT 162
Transitional arrangements for particular accommodation providers mentioned in s 161
162 Transitional arrangements for particular accommodation providers mentioned
in s 161
(1) This section applies if an accommodation provider mentioned in section
161—
(a) does not apply for registration under the corresponding law of the
relevant jurisdiction before the application period ends; or
(b) applies but
is refused registration by the other registrar.
(2) The accommodation
provider must transfer or otherwise dispose of each of the provider’s
relevant assets in the prescribed way—
(a) before the transitional period
ends; or
(b) if the provider applies under the corresponding law of the
relevant jurisdiction for a review of the other registrar’s decision to
refuse the application and the other registrar’s decision is confirmed on
the review—the day that is 6 months after the day the other registrar’s
decision is confirmed.