SCHEDULES

SCHEDULE 1Registered social landlords: regulation

Part IIConstitution, change of rules, amalgamation and dissolution

Restriction on power of removal in case of registered charity

5

1

The Corporation may make an order under paragraph 4 removing a director or trustee of a registered charity only if the charity has, at any time before the power is exercised—

a

received financial assistance under section 24 of the [1988 c. 9.] Local Government Act 1988 (assistance for privately let housing accommodation),

b

had property transferred to it on a qualifying disposal under section 135 of the [1993 c. 28.] Leasehold Reform, Housing and Urban Development Act 1993, or

c

received a grant or loan under any of the following provisions.

2

The provisions are—

  • section 18 of this Act (social housing grants),

  • section 22 of this Act or section 58 of the [1985 c. 69.] Housing Associations Act 1985 (grants or loans by local authorities),

  • section 50 of the [1988 c. 50.] Housing Act 1988, section 41 of the Housing Associations Act 1985 or any enactment replaced by that section (housing association grant),

  • section 51 of the Housing Act 1988 or section 54 or 55 of the Housing Associations Act 1985 (revenue deficit grant or hostel deficit grant),

  • section 79 of the Housing Associations Act 1985 (loans by Housing Corporation),

  • section 31 of the [1974 c. 44.] Housing Act 1974 (management grants), or

  • any enactment mentioned in paragraph 2 or 3 of Schedule 1 to the Housing Associations Act 1985 (pre-1974 grants and certain loans).