(1)The Scottish Ministers may register as a social landlord any body which is eligible for such registration.
(2)An application for registration must be made in such manner, and accompanied by such fee (if any), as the Scottish Ministers may determine.
(3)As soon as may be after registering a body which is an industrial and provident society as a social landlord the Scottish Ministers must give notice of the registration to the Financial Services Authority, which must record the registration.
(4)A body which at any time is, or was, registered as a social landlord is, for all purposes other than rectification of the register, to be conclusively presumed to be, or to have been, at that time a body eligible for registration as a social landlord.