253Transfer of land
(1)This section applies if as a result of an inquiry under section 206 or an audit under section 210 the regulator is satisfied that—
(a)the affairs of a registered provider have been mismanaged in relation to social housing, or
(b)a transfer of land by a registered provider would be likely to improve the management of the land.
(2)The regulator may require the registered provider to transfer specified land—
(a)to the regulator, or
(b)to another specified registered provider.
(3)A requirement may be imposed on a profit-making registered provider only in relation to its social housing and associated land.
(4)For the purposes of subsection (3) land is associated with social housing if the regulator thinks that it is used in connection with the social housing or its management.
(5)A requirement may not be imposed on a non-profit registered provider requiring it to transfer land to a profit-making registered provider.
(6)A requirement may not be imposed on a registered charity.
(7)A requirement may be imposed on a charity which is not registered (C1), but only for transfer to another charity (C2) whose objects the regulator thinks are similar to those of C1.