C1Part 2Regulation of Social Housing
Annotations:
Modifications etc. (not altering text)
Chapter 1Introduction
Social housing
74AF1Leaving the social housing stock: transfer by private providers
1
A dwelling ceases to be social housing if a private registered provider of social housing owns the freehold or a leasehold interest and transfers it to a person who is not a registered provider of social housing.
2
Subsection (1) does not apply if and for so long as the private registered provider has a right to have the interest transferred back to it.
3
Subsection (1) does not apply where low cost home ownership accommodation is transferred to—
a
the “buyer” under equity percentage arrangements (see section 70(5)), or
b
the trustees under a shared ownership trust (see section 70(6)).
4
See section 73 for circumstances when low cost home ownership accommodation ceases to be social housing.
Pt. 2 modified (1.4.2012) by Localism Act 2011 (c. 20), s. 240(2), Sch. 16 para. 69(2); S.I. 2012/628, art. 6(i) (with arts. 911141517)