207Offences by officers

207 Offences by officers

207 Offences by officers

(1) In this section and sections 208 (Incurring debts not likely to be paid) and 209 (Powers of Court)—

appropriate officer means—

(a) in relation to a co-operative housing body that is being wound-up—the liquidator, and

(b) in relation to a co-operative housing body that is under the management of an administrator—the administrator, and

(c) in relation to a co-operative housing body in relation to which a receiver or manager of all or any of the body’s property has been appointed, whether by the Court or under the powers contained in any instrument—the receiver or manager, and

(d) in relation to a co-operative housing body that has ceased to carry on business or is unable to pay its debts—the Registrar.

co-operative housing body to which this section applies means a co-operative housing body—

(a) that is being wound-up, or

(b) that is under the management of an administrator, or

(c) in relation to which a receiver or manager has been appointed, whether by the Court or under the powers contained in any instrument, or

(d) that has ceased to carry on business or is unable to pay its debts.

the relevant day means—

(a) in relation to a co-operative housing body that is being wound-up—the day on which under this Act the winding-up has started or is taken to have started, and

(b) in relation to a co-operative housing body that is under the management of an administrator—the day on which the administrator is appointed, and

(c) in relation to a co-operative housing body in relation to which a receiver or manager has been appointed—the day on which the receiver or manager was appointed, and

(d) in relation to a co-operative housing body that is unable to pay its debts—the day on which the execution or other process was returned unsatisfied in whole or in part, and

(e) in relation to a co-operative housing body that has, within the meaning of subsection (2), ceased to carry on business—the day on which a letter was first sent to the body or a notice was first published in the Gazette in relation to the body.