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(1)A registered social landlord has power by virtue of this section and not otherwise to dispose, in such manner as it thinks fit, of land held by it.
(2)Section 39 of the [1925 c. 18.] Settled Land Act 1925 (disposal of land by trustees) does not apply to the disposal of land by a registered social landlord; and accordingly the disposal need not be for the best consideration in money that can reasonably be obtained.
Nothing in this subsection shall be taken to authorise any action on the part of a charity which would conflict with the trusts of the charity.
(3)This section has effect subject to section 9 (control by Corporation of land transactions).
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