SCHEDULES
SCHEDULE 3 Social rented sector: minor amendments
Finance Act 1981 (c.35)
I11
1
Section 107 of the Finance Act 1981 (stamp duty payable upon sale of houses at a discount) is amended as follows.
2
After subsection (3)(e) insert—
ea
a registered social landlord within the meaning of Part I of the Housing Act 1996;
3
In subsection (3)(f) for the words from “registered” to the end substitute
registered—
i
in Scotland, under the Housing Associations Act 1985, or
ii
in Northern Ireland, under Part II of the Housing (Northern Ireland) Order 1992;
4
In subsection (3A) (exclusion of certain sub-sales), for “subsection (3)(f)” substitute “
subsection (3)(ea) or (f)
”
.
5
After subsection (3B) insert—
3C
A grant under section 20 or 21 of the Housing Act 1996 (purchase grants in respect of disposals at a discount by registered social landlords) shall not be treated as part of the consideration for a conveyance or transfer to which this section applies made by a body falling within subsection (3)(ea) above.
Local Government Finance Act 1982 (c.32)
F12
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Housing Associations Act 1985 (c.69)
E1C13
Section 33 of the Housing Associations Act 1985 (recognition of central association) shall cease to have effect.
E2C24
In section 69(1) of the Housing Associations Act 1985 (power to vary or terminate certain agreements with housing associations: agreements to which the section applies), omit paragraphs (e) and (g).
E3C35
In section 75(1) of the Housing Associations Act 1985 (general functions of the Corporation) for paragraphs (a) to (c) substitute—
a
to facilitate the proper performance of the functions of registered social landlords;
b
to maintain a register of social landlords and to exercise supervision and control over such persons;
c
to promote and assist the development of self-build societies (other than registered social landlords) and to facilitate the proper performance of the functions, and to publicise the aims and principles, of such societies;
F36
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
E4I27
In section 87 of the Housing Associations Act 1985 (financial assistance for formation, management, &c. of housing associations), for subsection (1) substitute—
1
The Corporation may give financial assistance to any person to facilitate the proper performance of the functions of registered social landlords or co-operative housing associations.
Income and Corporation Taxes Act 1988 (c.1)
F48
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Housing (Scotland) Act 1988 (c.43)
F29
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Housing Act 1988 (c.50)
E5C410
Section 58 of the Housing Act 1988 (application of Housing Acts to certain transactions) shall cease to have effect.
C511
In section 79(2) of the Housing Act 1988 (permitted disposals of land by housing action trusts) for paragraph (a) and the word “or” at the end of the paragraph substitute—
a
to a registered social landlord (within the meaning of Part I of the Housing Act 1996), or