CHAPTER I FUNCTIONS OF HOUSING ASSOCIATIONS
F1Disposal of land: registered housing associations13
1
Any provision contained in the rules of a registered housing association which prevents it from disposing of any land (where such disposal would otherwise be lawful) shall be of no effect.
2
A registered housing association that disposes of or mortgages any land must notify the Department of the disposal or mortgage in accordance with this Article.
3
But paragraph (2) does not apply to a letting of land to one or more individuals by a registered housing association under a secure tenancy or under what would be a secure tenancy but for paragraphs 1(b) to 10 of Schedule 2 to the Order of 1983.
4
Notification under paragraph (2) must be made—
a
within 28 days of the disposal taking place or (as the case may be) the mortgage being created, and
b
in such manner and form as the Department may prescribe.
5
The Department may by regulations dispense with such notifications as may be described in the regulations.
6
Notifications that are dispensed with under paragraph (5) may be described in the regulations by reference to (in particular)—
a
the association, or description of association, which is disposing of the land or creating the mortgage;
b
the land, or description of land, which is disposed of or which becomes subject to the mortgage;
c
the description of disposal.
7
A dispensation under paragraph (5) may be subject to such conditions as are prescribed.