- Y Diweddaraf sydd Ar Gael (Diwygiedig)
- Pwynt Penodol mewn Amser (01/10/1996)
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Housing Associations Act 1985
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- Deddfau Cyhoeddus Cyffredinol y Deyrnas Unedig
- 1985 c. 69
- SCHEDULE 5
- Part I
- Powers exercisable in case...
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Changes over time for: Cross Heading: Powers exercisable in case of disposal of dwellings by association
Version Superseded: 01/11/1998
Alternative versions:
- 01/02/1991- Amendment
- 01/10/1996
Point in time - 01/11/1998- Amendment
- 01/12/2008- Amendment
- 01/04/2010- Amendment
Status:
Point in time view as at 01/10/1996.
Changes to legislation:
There are currently no known outstanding effects for the Housing Associations Act 1985, Cross Heading: Powers exercisable in case of disposal of dwellings by association.
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Powers exercisable in case of disposal of dwellings by associationE+W+S
6(1)The Secretary of State may reduce, suspend or discontinue the payment of basic or special residual subsidy to an association if the association leases for a term exceeding seven years or otherwise disposes of any of the dwellings in respect of which the association is entitled to the payment.
(2)If any dwellings of an association are leased for a term exceeding seven years to, or become vested in—
(a)another housing association, or trustees for another housing association, or
(b)the Housing Corporation [F1or Housing for Wales],
the Secretary of State may pay to them any basic or special residual subsidy which he would otherwise have paid to the former association for any financial year, beginning with that in which the dwellings are so leased or become so vested.
(3)For the purposes of this paragraph a lease shall be treated as being for a term exceeding seven years where the original term is for a lesser period but the lease confers on the lessee an option for renewal for a term which, together with the original term, exceeds seven years.
Textual Amendments
F1Words added by Housing Act 1988 (c. 50, SIF 61), s. 59(2)(3)(4), Sch. 6 Pt. II para. 30(1)(b)
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