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Disposal of property acquired on voluntary disposal at a discount by registered social landlord

17.—(1) With the exception of regulations 14 to 16, these Regulations also apply if there is to be a relevant disposal, other than an exempted disposal, of the owner’s interest in a property acquired at a discount from a registered social landlord using its power to dispose of land in section 9(1) of the Housing Act 1996, subject to the following modifications.

(2) In regulation 1—

(a)for the definition of “former landlord” substitute—

“former owner” (“perchennog blaenorol”) means the registered social landlord which disposed of the property under section 9 of the Housing Act 1996;

(b)for the definition of “owner” substitute—

“owner” (“perchennog”) means the person who is the freehold or leasehold owner of the property and who is bound by a right of first refusal covenant imposed under section 12A of the Housing Act 1996; and

(c)for the definition of “property” substitute—

“property” (“eiddo”) means a property which is subject to a right of first refusal covenant imposed under section 12A of the Housing Act 1996.

(3) In regulation 10(3), for “section 158 of the 1985 Act” substitute “section 12B(2) of the Housing Act 1996”.

(4) For all occurrences of the term “former landlord” substitute “former owner”.

(1)

Section 9 was amended by sections 140 and 152 of, and Schedules 16 and 18 to, the Government of Wales Act 1998.

(2)

Section 12B was inserted by section 200 of the Housing Act 2004.