(a)the person managing or having control of it is a co-operative society whose rules are such as to secure that each of the conditions set out in sub-paragraph (2) is met, and
(b)no person who occupies premises in the building does so by virtue of an assured tenancy, a secure tenancy or a protected tenancy.
(2)The conditions are—
(a)that membership of the society is restricted to persons who are occupiers or prospective occupiers of buildings managed or controlled by the society,
(b)that all management decisions of the society are made by the members (or a specified quorum of members) at a general meeting which all members are entitled to, and invited to, attend,
(c)that each member has equal voting rights at such a meeting, and
(d)that, if a person occupies premises in the building and is not a member, that person is an occupier of the premises only as a result of sharing occupation of them with a member at the member's invitation.
(3)For the purposes of sub-paragraph (1) “co-operative society” means a body that—
(a)[F3is registered as a co-operative society under the 2014 Act or is a pre-commencement society (within the meaning of that Act) that meets the condition in section 2(2)(a)(i) of that Act, ]and
(b)is neither—
(i)a non-profit registered provider of social housing, nor
(ii)registered as a social landlord under Part 1 of the Housing Act 1996.
(4)In this paragraph—
[F4“the 2014 Act” means the Co-operative and Community Benefit Societies Act 2014;]
“assured tenancy” has the same meaning as in Part 1 of the Housing Act 1988;
“protected tenancy” has the same meaning as in the Rent Act 1977;
“secure tenancy” has the same meaning as in Part 4 of the Housing Act 1985.]]
Textual Amendments
F1 Sch. 14 para. 2(1)(c)(d) substituted (16.1.2012) by Police Reform and Social Responsibility Act 2011 (c. 13) , s. 157(1) , Sch. 16 para. 335 ; S.I. 2011/3019 , art. 3 , Sch. 1 (with Sch. 2 para. 76 )
F2Sch. 14 para. 2B and cross-heading inserted (1.4.2012) by Localism Act 2011 (c. 20), ss. 185(1), 240(2) (with s. 185(2)-(4)); S.I. 2012/628, art. 6(e) (with arts. 9, 11, 14, 15, 17)
F3Sch. 14 para. 2B(3)(a), apart from the word 'and', substituted (1.8.2014) by Co-operative and Community Benefit Societies Act 2014 (c. 14), s. 154, Sch. 4 para. 91(2) (with Sch. 5)
F4Words in Sch. 14 para. 2B(4) substituted (1.8.2014) by Co-operative and Community Benefit Societies Act 2014 (c. 14), s. 154, Sch. 4 para. 91(3) (with Sch. 5)