PART I

Regulation of Housing Associations

Constitution, change of rules, amalgamation and dissolution

Amalgamation and dissolution under the 1965 Act
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1
This section applies to a registered housing association—
a
which is a society registered under the 1965 Act, and
b
whose registration under this Part has been recorded by the appropriate registrar in accordance with section 5(3).
2
The appropriate registrar shall not register a special resolution which is passed for the purposes of—
a
section 50 of the 1965 Act (amalgamation of societies), or
b
section 51 of that Act (transfer of engagements between societies),
unless, together with the copy of the resolution, there is sent to him a copy of the Housing Corporation's consent to the amalgamation or transfer concerned.
3
Section 52 of the 1965 Act (power of society to convert itself into, amalgamate with or transfer its engagements to a company registered under the Companies Act) does not apply.
4
If the association resolves by special resolution that it be wound up voluntarily under the Companies Act, the resolution has no effect unless—
a
before the resolution was passed the Corporation gave its consent to its passing, and
b
a copy of the consent is forwarded to the appropriate registrar together with the copy of the resolution required to be so forwarded in accordance with the Companies Act.
5
If the association is to be dissolved by instrument of dissolution, the appropriate registrar shall not—
a
register the instrument in accordance with section 58(5' of the 1965 Act, or
b
cause notice of the dissolution to be advertised in accordance with section 58(6) of that Act,
unless together with the instrument there is sent to him a copy of the Corporation's consent to its making.
6
The references in this section to the Corporation's consent are to an order under the seal of the Corporation giving its consent.