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EXPLANATORY NOTE

(This note is not part of the Order)

This Order brings into force certain provisions of Parts 1, 2 and 3 of the Housing and Regeneration Act 2008.

The provisions commenced in articles 2 and 7 relate to preparatory steps in advance of the new regulatory regime coming into force.

The provisions commenced in articles 3 and 8 are those relating to the abolition of the Commission for the New Towns and the Urban Regeneration Agency and the dissolution of the Housing Corporation.

Articles 4 to 6 are transitory provisions as to the preparation and audit of final accounts and preparation of the final report for the CNT and the URA and the Secretary of State’s account of any sums issued to the Secretary of State and advanced to the CNT under the New Towns Act 1981.

Article 9 commences section 309 (former right to buy and other flats: equity share purchases) on 6th April 2009.

Article 10 commences certain repeals and revocations consequential upon the commencement of provisions mentioned above.