PART I

Regulation of Housing Associations

Disposal of land

Control by Housing Corporation of dispositions of land by housing associations
9
1
The consent of the Housing Corporation, by order under the seal of the Corporation, is required for—
a
any disposition of land by a registered housing association, and
b
a disposition of grant-aided land (as defined in Schedule 1) by an unregistered housing association,
except where the disposition is one excepted from this section by section 10.
2
The consent of the Corporation may be so given—
a
generally to all housing associations or to a particular housing association or description of association ;
b
in relation to particular land or in relation to a particular description of land;
and may be given subject to conditions.
3
A disposition by a housing association which requires the consent of the Corporation under this section is valid in favour of a person claiming under the association notwithstanding that the consent of the Corporation has not been given; and a person dealing with the association, or with a person claiming under the association, shall not be concerned to see or inquire whether any such consent has been given.
This subsection has effect subject to section 12 (avoidance of certain dispositions of houses without consent).
4
Where at the time of its removal from the register under section 6(2) (removal of bodies no longer eligible for registration or defunct) a body owns land, this section continues to apply to that land after the removal as if the body concerned continued to be a registered housing association.
5
For the purposes of this section " disposition " means sale, lease, mortgage, charge or any other disposal.