Part 1The Homes and Communities Agency

Chapter 5Supplementary

Other

54I1Validity of transactions

1

A transaction between a person and the HCA is not invalid merely because of a failure by the HCA to exercise its powers for the purposes mentioned in sections 3 and 4(2).

2

A transaction between a person and the HCA is not invalid merely because it was carried out in contravention of a direction under section 47.

3

A transaction between a person and a subsidiary of the HCA is not invalid merely because of a failure by the HCA to comply with section 41(1) or (2).

4

A person entering into a transaction with the HCA or a subsidiary of the HCA need not be concerned as to whether—

a

there has been a failure of the kind mentioned in subsection (1) or (3), or

b

a direction of the kind mentioned in subsection (2) has been given or complied with.

5

A disposal of land by the HCA is not invalid merely because any consent required by section 10(1) or (3) has not been given.

6

A person dealing with—

a

the HCA, or

b

a person claiming under the HCA,

in relation to any land need not be concerned as to whether any consent required by section 10(1) or (3) has been given.