(1)The Secretary of State may delegate to the Regulator of Social Housing any function of the Secretary of State under section 653 in a case where the function is exercisable in relation to a society whose registered office for the purposes of the Industrial and Provident Societies Act 1965 is in England.
(2)The function may be delegated—
(a)to any extent that the Secretary of State specifies, and
(b)subject to any conditions that the Secretary of State specifies.