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(1)A person who acquires any property under this Part must not dispose of it unless the Regulator consents to the disposal.
(2)The Regulator may—
(a)give general consent to certain disposals, or
(b)give consent for particular purposes (for example, for particular persons, particular property or particular disposals).
(3)The Regulator’s consent may be conditional.
(4)Before consenting to a disposal, the Regulator must—
(a)satisfy itself that the person who is seeking the consent has consulted—
(i)the tenants of houses included in the disposal, and
(ii)any other person whom the Regulator requires the person to consult, and
(b)have regard to the views expressed by those consulted.
(5)This section does not apply to a disposal by a registered social landlord (such a disposal being subject to Part 9).
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Text created by the Scottish Government to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes were introduced in 1999 and accompany all Acts of the Scottish Parliament except those which result from Budget Bills.
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