(1)There shall be a body to be known as Scottish Homes.
(2)Schedule 1 to this Act shall have effect with respect to the constitution and proceedings of and other matters relating to Scottish Homes.
(3)Scottish Homes shall have the general functions of—
(a)providing, and assisting in the provision of, finance to persons or bodies intending to provide, improve, repair, maintain or manage housing;
(b)providing, improving, repairing, maintaining and managing housing (whether solely or in conjunction with any other person or body);
(c)promoting owner-occupation (especially by those seeking to purchase for the first time), the wider ownership of housing by its occupants and a greater choice of tenancy arrangements;
(d)promoting the provision and improvement of housing and the improvement of management of housing (whether by its occupants or otherwise);
(e)promoting and assisting the development of housing associations, maintaining a register of housing associations and exercising supervision and control over registered housing associations;
(f)undertaking, and assisting the undertaking of, the development, redevelopment and improvement of the physical, social, economic and recreational environment related to housing;
(g)such other general functions as are conferred upon Scottish Homes by or under this Act or any other enactment.