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The Housing and Regeneration Act 2008 (Consequential Provisions) Order 2010
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- UK Statutory Instruments
- 2010 No. 866
- SCHEDULE 2
- Paragraph 51
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Housing Associations Act 1985E+W
This section has no associated Explanatory Memorandum
51.—(1) Section 79 (lending powers) is amended as follows.
(2) In subsection (1)—
(a)for “Relevant Authority” substitute “Welsh Ministers”, and
(b)omit “, and the Housing Corporation may lend to any of its subsidiaries or to any other body in which it holds an interest,”.
(3) In subsection (2)—
(a)for “Relevant Authority”, where it first appears, substitute “Welsh Ministers”,
(b)in paragraph (a) for “Relevant Authority” substitute “Welsh Ministers”, and
(c)for paragraph (b) substitute—
“(b)a registered social landlord or an unregistered self-build society,”.
(4) In subsection (3) for “Relevant Authority” substitute “Welsh Ministers”.
(5) For subsection (4) substitute—
“(4) Subject to that, the terms of a loan under this section shall be such as the Welsh Ministers determine either generally or in a particular case.”.
Commencement Information
I1Sch. 2 para. 51 in force at 1.4.2010, see art. 1(2)
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