[F131 Exercise of powers under ss. 28 to 30 in relation to registered charities.S
(1)The [F2Corporation]] may exercise its powers under sections 28 to 30 (inquiry, audit, &c.) in relation to an association which is a registered charity only if the association has, at any time before the powers are exercised, received [F3financial assistance under section 24 of the Local Government Act or] a grant or loan under—
[F4section 50 of the Housing Act 1988 (housing association grants),
section 51 of that Act (revenue deficit grants)]
section 41 (housing association grants),
section 54 or 55 (revenue deficit grants or hostel deficit grants),
section 58(2) (grants or loans by local authorities),
section 79 (loans by [F2Corporation]),
section 31 of the M1Housing Act 1974 (management grants), or
any enactments mentioned in paragraph 2 or 3 of Schedule 1 (pre-1974 grants and certain loans).
(2)In relation to such an association sections 28 to 30 have effect with the following adaptations—
(a)references to an officer, agent or member, or to a member of the committee, include a trustee of the association;
(b)references to the association’s business are confined to its housing activities [F5and such other activities (if any) of the association as are incidental to or connected with its housing activities];
(c)references to the association’s accounts do not include revenue accounts which do not relate to its housing activities, except so far as such accounts are necessary for the auditing of revenue accounts which do so relate or of the association’s balance sheet;
(d)a person is a qualified auditor for the purposes of section 29 (extraordinary audit) only if he is an auditor qualified for the purposes of paragraph 3 of Schedule 3.
(3)In relation to such an association the powers conferred on the Corporation by—
section 28(1) (appointment of person to inquire into association’s affairs), and
section 30(1)(a) and (b) (removal of person in connection with misconduct or mismanagement and suspension with a view to removal),
are exercisable only after consultation with the Charity Commissioners.
Textual Amendments
F1S. 31 repealed (E.W.) (1.10.1996) by 1996 c. 52, ss. 227, 232, Sch. 19 Pt. I; S.I. 1996/2402, art. 3 (subject to transitional provisions and savings in Sch.)
F2Words substituted by Housing Act 1988 (c. 50, SIF 61), s. 59(2)(3)(4), Sch. 6 Pt. I para. 2
F3Words inserted by Local Government Act 1988 (c. 9, SIF 81:1, 2), s. 24(5)(a)
F4Entries inserted by Housing Act 1988 (c. 50, SIF 61), s. 59(2)(3)(4), Sch. 6 Pt. I para. 22(1)
F5Words added by Housing Act 1988 (c. 50, SIF 61), s. 59(2)(3)(4), Sch. 6 Pt. I para. 22(2)
Marginal Citations