(1)The Secretary of State may by order transfer functions of the Housing Corporation to—
(a)the regulator,
(b)the HCA, or
(c)the regulator and the HCA jointly or concurrently.
(2)An order under subsection (1) may make provision in relation to English registered social landlords which is similar to any provision made by this Part in relation to registered providers.
(3)“English registered social landlord” means a body—
(a)which is registered as a social landlord under Part 1 of the Housing Act 1996, and
(b)which does not fall within paragraphs (a) to (c) of section 56(2) of that Act (Welsh bodies).
(4)The Secretary of State may by order make further provision in respect of a function transferred under this section (which may, in particular, include provision for the function to cease to be exercisable).
(5)Provision made under this section, including provision made by virtue of section 320(1)(d), may modify an enactment.
(6)Provision under section 322(1) in connection with the coming into force of a provision of this Act may, in particular, include transitional provision having regard to the effect of provision made under this section.