Point in time view as at 29/08/2023.
Housing Act 1996, Section 48 is up to date with all changes known to be in force on or before 10 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
(1)An order under section 46(1) may, where the landlord is [F1a registered society], give the manager power to make and execute on behalf of the society an instrument transferring the engagements of the society.
(2)Any such instrument has the same effect as a transfer of engagements under [F2section 110 or 112 of the Co-operative and Community Benefit Societies Act 2014] (transfer of engagements by special resolution to another society or a company).
[F3In particular, it does not prejudice any right of a creditor of the society.]
(3)A copy of the instrument, signed by the manager, shall be sent to the [F4[F5Financial Conduct Authority] and registered by it]; and until that copy is so registered the instrument shall not take effect.
(4)It is the duty of the manager to send a copy for registration within 14 days from the day on which the instrument is executed; but this does not invalidate registration after that time.
Textual Amendments
F1Words in Act substituted (1.8.2014) by Co-operative and Community Benefit Societies Act 2014 (c. 14), s. 154, Sch. 4 para. 56 (with Sch. 5)
F2Words in s. 48(2) substituted (1.8.2014) by Co-operative and Community Benefit Societies Act 2014 (c. 14), s. 154, Sch. 4 para. 59(2) (with Sch. 5)
F3Words in s. 48(2) substituted (1.8.2014) by Co-operative and Community Benefit Societies Act 2014 (c. 14), s. 154, Sch. 4 para. 59(3) (with Sch. 5)
F4Words in s. 48(3) substituted (1.12.2001) by S.I. 2001/3649, arts. 1, 355
F5Words in s. 48(3) substituted (1.4.2013) by The Financial Services Act 2012 (Mutual Societies) Order 2013 (S.I. 2013/496), art. 1(1), Sch. 11 para. 5(1)(2)(e) (with Sch. 12)
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