Housing (Wales) Measure 2011

74 Management transfer

After paragraph 15C of Schedule 1 to the Housing Act 1996 insert—

“Management transfer

15D (1) This paragraph applies if, as a result of an inquiry under paragraph 20 or an audit under paragraph 22, the Welsh Ministers are satisfied that—

(a) there has been misconduct or mismanagement in the affairs of the registered social landlord, or

(b) a transfer of certain of a registered social landlord’s management functions would be likely to improve the management of some or all of its affairs.

(2) But this paragraph does not apply where—

(a) the misconduct or mismanagement relates only to the registered social landlord’s provision of housing in England, or

(b) the transfer would be likely to improve the registered social landlord’s management of its affairs only in relation to the provision of housing in England.

(3) The Welsh Ministers may require the registered social landlord to transfer management functions to a specified person.

(4) A requirement may relate to—

(a) the registered social landlord’s affairs generally, or

(b) specified affairs.

(5) Transfer is to be on terms and conditions (including as to remuneration) specified in, or determined in accordance with, the requirement.

(6) A transferee manager is to have—

(a) any power specified in the requirement, and

(b) any other power in relation to the registered social landlord’s affairs required by the manager for the purposes specified in the requirement (including the power to enter into agreements and take other action on behalf of the registered social landlord).”