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SCHEDULES

SCHEDULE 1E+W+S Registered social landlords: regulation

Part IVE+W Inquiry into affairs of registered social landlords

Availability of powers in relation to registered charities.E+W

28(1)The [F1Relevant Authority] may exercise its powers under paragraphs 20 to 26 in relation to a registered charity only if the charity has, at any time before the powers are exercised—E+W

(a)received financial assistance under section 24 of the M1Local Government Act 1988 (assistance for privately let housing accommodation),

(b)had property transferred to it on a qualifying disposal under section 135 of the M2Leasehold Reform, Housing and Urban Development Act 1993, or

(c)received a grant or loan under any of the following provisions.

(2)The provisions are—

(3)In relation to a registered charity paragraphs 20 to 26 have effect with the following adaptations—

(a)references to its affairs are confined to its housing activities and such other activities (if any) as are incidental to or connected with its housing activities;

(b)references to its accounts do not include revenue accounts which do not relate to its housing activities, except so far as such accounts are necessary for the auditing of revenue accounts which do so relate or of the balance sheet;

(c)a person is a qualified auditor for the purpose of paragraph 22 (extraordinary audit) only if he is an auditor qualified for the purposes of paragraph 18 (accounting and audit requirements for charities).

(4)The [F1Relevant Authority] shall notify the Charity Commissioners upon the exercise in relation to a registered charity of its powers under—

(a)paragraph 20(1) (inquiry into affairs of registered social landlord),

(b)paragraph 23(2)(a) (interim suspension of person in connection with misconduct or mismanagement), or

(c)paragraph 24(2)(a) or (b) (removal of person in connection with misconduct or mismanagement or suspension with a view to removal).

Textual Amendments

F1Words in Pt. I substituted (1.11.1998) by 1998 c. 38, s. 140, Sch. 16 para. 82(1)(2) (with ss. 139(2), 141(1), 143(2)); S.I. 1998/2244, art.5.

F2Words in Sch. 1 para. 28(2) substituted (1.11.1998) by 1998 c. 38, s. 140, Sch. 16 para. 96(8) (with ss. 139(2), 141(1), 143(2)); S.I. 1998/2244, art.5.

Marginal Citations

29E+WThe [F3Relevant Authority] may not exercise its powers under paragraph 27 in relation to a registered charity.

Textual Amendments

F3Words in Pt. I substituted (1.11.1998) by 1998 c. 38, s. 140, Sch. 16 para. 82(1)(2) (with ss. 139(2), 141(1), 143(2)); S.I. 1998/2244, art.5.