C1C6Part IF2Social Rented Sector F10regulated by the Welsh Ministers
Words in Pt. I title substituted (18.10.2011) by Housing (Wales) Measure 2011 (nawm 5), s. 90(2), Sch. para. 2; S.I. 2011/2475, arts. 1(2), 2(u)
Part I (ss. 1-64) amended (1.10.1996) by S.I. 1996/2325, art.3
Pt. 1: The system of "registered social landlords" under this Part is replaced (8.9.2008 for specified purposes and 1.12.2008, 16.2.2009, 1.4.2009, 7.9.2009 and 1.4.2010 for further purposes) by Housing and Regeneration Act 2008 (c. 17), Pt. 2. This Part continues to apply in relation to Wales with certain provisions applied in relation to England and certain provisions preserved although they apply to England only, see s. 60 of the affecting Act; S.I. 2008/2358, art. 3; S.I. 2008/3068, art. 3 (with arts. 6-13); S.I. 2009/363, art. 2; S.I. 2009/803, art. 7; S.I. 2009/2096, art. 2(1); S.I. 2010/862, art. 2 (with Sch.)
C6Chapter III Grants and other financial matters
F1Grants to bodies other than registered social landlords
Ss. 27A, 27B and cross-heading inserted (18.11.2004 for specified purposes, 17.2.2005 for E. in so far as not already in force) by Housing Act 2004 (c. 34), ss. 220, 270(2)(b); S.I. 2005/326, art. 2(a)
C6C4C227AGrants to bodies other than registered social landlords
1
F3The Welsh Ministers may make grants under this section to persons other than registered social landlords.
2
Grants under this section are grants for any of the following purposes—
a
acquiring, or repairing and improving, or creating by the conversion of houses or other property, houses to be disposed of—
i
under equity percentage arrangements, or
ii
on shared ownership terms;
b
constructing houses to be disposed of—
i
under equity percentage arrangements, or
ii
on shared ownership terms;
c
providing loans to be secured by mortgages to assist persons to acquire houses for their own occupation;
d
providing, constructing or improving houses to be kept available for letting;
e
providing, constructing or improving houses for letting that are to be managed by such registered social landlords, and under arrangements containing such terms, as are approved by F3the Welsh Ministers;
f
such other purposes as may be specified in an order under subsection (3).
3
4
An order under subsection (3) may, in particular, make provision—
a
defining “equity percentage arrangements” for the purposes of this section;
b
specifying or describing the bodies from whom loans may be obtained by persons wishing to acquire houses for their own occupation;
c
dealing with the priority of mortgages entered into by such persons;
d
specifying purposes additional to those mentioned in subsection (2)(a) to (e).
F85
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6
F3The Welsh Ministers shall specify in relation to grants under this section—
a
the procedure to be followed in relation to applications for grant,
b
the circumstances in which grant is or is not to be payable,
c
the method for calculating, and any limitations on, the amount of grant, and
d
the manner in which, and the time or times at which, grant is to be paid.
F97
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8
9
10
An order under subsection (3) shall be made by statutory instrument which shall be subject to annulment in pursuance of a resolution of F7the National Assembly for Wales .
11
In this section—
“disposed of on shared ownership terms” has the meaning given by section 2(6);
“letting” includes the grant of a licence to occupy.
C6C5C327BTransfer of property funded by grants under section 27A
1
Where—
a
any grant is paid or payable to any person under section 27A, and
b
at any time property to which the grant relates becomes vested in, or is leased for a term of years to, or reverts to, another person who is not a registered social landlord,
this Part shall have effect, in relation to times falling after that time, as if the grant, or such proportion of it as is determined or specified under subsection (4), had been paid or (as the case may be) were payable to that other person under section 27A.
2
Where—
a
any amount is paid or payable to any person by way of grant under section 27A, and
b
at any time property to which the grant relates becomes vested in, or is leased for a term of years to, or reverts to, a registered social landlord,
this Part shall have effect, in relation to times falling after that time, as if the grant, or such proportion of it as is determined or specified under subsection (4), had been paid or (as the case may be) were payable to that other person under section 18.
3
In such a case, the relevant section 18 conditions accordingly apply to that grant or proportion of it, in relation to times falling after that time, in place of those specified under section 27A(8).
“The relevant section 18 conditions” means such conditions specified under section 18(3) as would have applied at the time of the making of the grant if it had been made under section 18 to a registered social landlord.
4
The proportion mentioned in subsection (1) or (2) is that which, in the circumstances of the particular case—
a
F3the Welsh Ministers, acting in accordance with such principles as it may from time to time determine, may specify as being appropriate, or
b
F3the Welsh Ministers may determine to be appropriate.
Pt. I title substituted (1.4.2010) by Housing and Regeneration Act 2008 (c. 17), ss. 61(1), 325(1); S.I. 2010/862, art. 2 (with Sch.)