(1) The Treasury may with the concurrence of the Secretary of State by order
(a) provide for Part A1 of the Insolvency Act 1986 (moratorium) to apply (with or without modifications) in relation to registered societies;
provide for a company arrangement or administration provision to apply (with or without modifications) in relation to registered societies.
(2) "Company arrangement or administration provision" means -
(a) a provision of Part 1 of the Insolvency Act 1986 (company voluntary arrangements);
(b) a provision of Part 2 of that Act (administration);
(c) Part 26 of the Companies Act 2006 (compromise or arrangement with creditors).
(d) Part 26A of that Act (compromise or arrangement with creditors where company in financial difficulty).
(3) The order may not provide for a company arrangement or administration provision to apply in relation to a society that is -
(a) a private registered provider of social housing, or
(b) registered as a social landlord under Part 1 of the Hou
…