- Latest available (Revised)
- Original (As made)
This is the original version (as it was originally made).
57.—(1) Schedule 7 (powers exercisable where loan outstanding under section 2 of the Housing Act 1964) is amended as follows.
(2) For paragraph 1 substitute—
“1. This Schedule applies where—
(a)the Housing Corporation made a loan to a housing association under section 2 of the Housing Act 1964 before the repeal of that section by the Housing (Consequential Provisions) Act 1985,
(b)the Housing Corporation’s rights and obligations in respect of the loan have been transferred to the Regulator of Social Housing, and
(c)the loan has not been repaid.”.
(3) In paragraph 2(1), for “Relevant Authority”, in both places where it appears, substitute “Regulator of Social Housing”.
(4) In paragraph 2(3) for “Housing Corporation” substitute “Regulator of Social Housing”.
(5) In paragraph 3—
(a)for “Housing Corporation”, in both places where it appears, substitute “Regulator of Social Housing”, and
(b)omit the words from “; and the Secretary of State shall not” to the end.
(6) In paragraph 4—
(a)for “Housing Corporation”, in both places where it appears, substitute “Regulator of Social Housing”, and
(b)omit sub-paragraph (2).
(7) In paragraph 5—
(a)in sub-paragraph (1), for “Housing Corporation”, in both places where it appears, substitute “Regulator of Social Housing”,
(b)omit sub-paragraph (1A),
(c)in sub-paragraph (2), for “Corporation” substitute “Regulator of Social Housing”,
(d)in sub-paragraphs (3), (4) and (5), for “Housing Corporation” substitute “Regulator of Social Housing”, and
(e)omit sub-paragraph (6).
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Explanatory Memorandum sets out a brief statement of the purpose of a Statutory Instrument and provides information about its policy objective and policy implications. They aim to make the Statutory Instrument accessible to readers who are not legally qualified and accompany any Statutory Instrument or Draft Statutory Instrument laid before Parliament from June 2004 onwards.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: