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(1)Subject to the provisions of this section an exporting authority and a receiving authority may enter into an agreement (in this Part of this Act referred to as an overspill agreement) for the provision by the receiving authority, in the district of the receiving authority, of housing accommodation to meet, wholly or in part, the needs of the district of the exporting authority.
(2)Proposals prepared and submitted to the Secretary of State by a local authority in discharge of their duty under section sixty of the principal Act may, in the case of a local authority who are an exporting authority, include proposals for the provision of housing accommodation in pursuance of an overspill agreement.
(3)Subject to the provisions of this section an overspill agreement may be made on such terms as may be agreed between the parties thereto.
(4)An overspill agreement shall provide for—
(a)the provision by the receiving authority of housing accommodation and the letting of that accommodation to persons approved for that purpose by the exporting and receiving authorities (hereinafter referred to as “approved persons”); and
(b). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F1
[F2(5)An overspill agreement (whether entered into before or after this Act comes into force) may provide, with the consent of the Secretary of State, for the making by the exporting authority to the receiving authority of such payment as may be specified in the agreement.]
(6)No overspill agreement shall have effect unless it has been approved by the Secretary of State.
(7)An exporting authority may enter into an overspill agreement with a development corporation in like manner as with a receiving authority, and accordingly in this section references to a receiving authority shall be construed as including a development corporation.
(8). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F3
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