This is the original version (as it was originally enacted).
(1)A local housing authority may apply to the Welsh Ministers for a reducing variation of a direction issued under this Part if—
(a)the direction was issued in response to an application made by the authority, and
(b)the authority concludes that the condition described in subsection (2) exists.
(2)The condition is that either—
(a)the demand for social housing falling within the reducing elements of the variation does not substantially exceed its supply or is not likely to do so, or
(b)even if demand does substantially exceed supply, or is likely to do so, that imbalance between supply and demand is not likely to increase as a result of the exercise of the right to buy and related rights.
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Text created by the Welsh Assembly Government department responsible for the subject matter of the Measure to explain what the Measure sets out to achieve and to make the Measure accessible to readers who are not legally qualified. Explanatory Notes accompany all Measures of the National Assembly for Wales.
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