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Social Housing (Regulation) Act 2023
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8DesignationE+W
This section has no associated Explanatory Notes
Section 115 of the Housing and Regeneration Act 2008 (profit-making and non-profit organisations) is amended as follows—
(a)omit subsection (2);
(b)for subsection (3) substitute—
“(3)A body is a non-profit organisation if—
(a)it is a registered or non-registrable charity and satisfies Conditions 1 and 2, or
(b)otherwise, it satisfies Conditions 1 to 3.”;
(c)in subsection (4)—
(i)in paragraph (a), omit “or”;
(ii)omit paragraph (b);
(d)after subsection (6) insert—
“(6A)The fact that a body is prohibited by its constitution from trading for profit does not, of itself, mean that it is a body which does not trade for profit for the purposes of subsection (4)(a).”;
(e)in subsection (8) omit “(2) or”.
Commencement Information
I1S. 8 not in force at Royal Assent, see s. 46(3)
I2S. 8 in force at 1.4.2024 by S.I. 2024/437, reg. 2(c)
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