Part 2Regulation of Social Housing
Chapter 4Registered providers
Insolvency etc.
150Disposals without consent
(1)
A purported disposal by a registered provider is void if—
(a)
it requires the regulator's consent under section 148, and
(b)
the regulator has not given consent.
(2)
But subsection (1) does not apply to a disposal by a non-profit registered provider to one or more individuals (“the buyer”) if—
(a)
the disposal is of a single dwelling, and
(b)
the registered provider reasonably believes at the time of the disposal that the buyer intends to use the property as the buyer's principal residence.