Housing (Scotland) Act 2001

94 Alteration of housing finance arrangements

(1) The Scottish Ministers may by order provide that, on a date specified in the order, sections 191 to 193 (housing support grants) of the 1987 Act cease to apply in relation to a local authority so specified.

(2) The Scottish Ministers may by order provide that, on a date specified in the order, section 203(1) (duty to keep housing revenue account) of that Act ceases to apply in relation to a local authority so specified.

(3) An order under subsection (2) may provide for any land held in the housing revenue account of the local authority on the specified date to be held, and accounted for, by the authority in such manner as the order may specify.

(4) Except with the consent of the Scottish Ministers, which may be given subject to conditions, a local authority must not dispose of such land for a consideration less than the best that can reasonably be obtained.

(5) Subsection (6) applies to any sum which is received by a local authority in connection with the disposal of any land held in the housing revenue account of the authority or in respect of which provision has been made by virtue of subsection (3).

(6) The Scottish Ministers may, after consultation with a local authority, direct the authority that any such sum, or any such sum of any description, specified in the direction is, to such extent as the direction may specify, to be applied by the authority for the purposes of—

(a) the functions of the authority relating to housing under this Act or any other enactment, or

(b) the relevant housing-related debt of the authority (within the meaning of section 90(3));

and the authority must comply with the direction.