The Regulation of Registered Social Landlords (Wales) Act 2018 (Commencement and Transitional Provision) Order 2018
Title and interpretation1.
(1)
The title of this Order is the Regulation of Registered Social Landlords (Wales) Act 2018 (Commencement and Transitional Provision) Order 2018.
(2)
In this Order—
“the Act” (“y Ddeddf”) means the Regulation of Registered Social Landlords (Wales) Act 2018;
Provisions coming into force on 15 June 20182.
The appointed day for the following provisions of the Act coming into force is 15 June 2018—
(a)
section 1 (overview of the Act);
(b)
section 2 (meaning of “the 1996 Act”); and
(c)
section 18 (power to make further consequential amendments etc.).
Provisions coming into force on 15 August 20183.
The following provisions of the Act come into force on 15 August 2018—
(a)
sections 3 to 5 (notification by registered social landlord of constitutional changes, etc.);
(b)
sections 6 to 9 (powers exercisable in respect of officers and management of registered social landlord);
(c)
section 10 (powers exercisable in respect of inquiries etc.);
(d)
sections 11 and 12 (enforcement notices and penalties);
(e)
sections 13 to 15 (disposal of land);
(f)
section 16 and Schedule 1 (limit on local authority board membership and voting rights); and
(g)
section 17 and Schedule 2 (minor and consequential amendments).
Transitional provision4.
(1)
Section 15 of the Act does not have effect, in relation to a registered social landlord, until the earliest of—
(a)
the date on which the funds in that registered social landlord’s disposal proceeds fund are fully exhausted; or
(b)
(c)
15 August 2021.
(2)
Notwithstanding paragraph (1), a registered social landlord which has a disposal proceeds fund on 15 August 2018 is not required under section 24 of the 1996 Act to account for the proceeds of any disposal after that date within its disposal proceeds fund.
(3)
If within the period set out in paragraph (1) a registered social landlord (A) transfers its disposal proceeds fund to another registered social landlord (B), then B’s management of that fund is treated under paragraph (1) as if it were A.
This Order brings into force provisions of the Regulation of Registered Social Landlords (Wales) Act 2018 (“the Act”).
Article 2 appoints 15 June 2018 as the coming into force date of sections 1, 2 and 18 of the Act which are technical provisions, and the power to make consequential amendments etc.
Article 3 appoints 15 August 2018 as the coming into force date for any provision of the Act to the extent that it has not already been commenced before this date.
Article 4 makes a transitional provision in respect of the removal of the requirement to hold a disposal proceeds fund.