The reference in sub-paragraph (1)(a) to a registered social landlord ““controlled by its tenants”” is to a registered social landlord the majority of whose board members are tenants occupying properties owned or managed by it.

In this paragraph—

• “"board member”” (“"aelod o'r bwrdd”"), in relation to a registered social landlord, means—

  1. a

     if it is a company, a director of the company,

  2. b

     if it is a body corporate whose affairs are managed by its members, a member,

  3. c

     if it is body of trustees, a trustee, or

  4. d

     if it is not within paragraphs (a) to (c), a member of the committee of management or other body to which is entrusted the direction of the affairs of the registered social landlord;

• “"public subsidy”” (“"cymhorthdal cyhoeddus”") means any grant or other financial assistance—

  1. a

     made or given by way of a distribution pursuant to section 25 of the National Lottery etc. Act 1993 (c. 39) (application of money by distributing bodies),

  2. b

     made by the Welsh Ministers under section 18 of the Housing Act 1996 (c. 52) (social housing grants), or

  3. c

     under section 126 of the Housing Grants, Construction and Regeneration Act 1996 (c. 53) (financial assistance for regeneration and development);

• “"qualifying body”” (“"corff cymwys”") means any of the following—

  1. a

     a registered social landlord;

  2. b

     a housing action trust established under Part 3 of the Housing Act 1988 (c. 50);

  3. c

     a county or county borough council constituted under section 21 of the Local Government Act 1972 (c. 70);

  4. d

     a county or district council constituted under section 2 of that Act;

  5. e

     the Welsh Ministers.