(1)The Secretary of State may, F2. . ., give financial assistance—
(a)to persons managing public sector or former public sector housing, and
(b)to persons seeking to facilitate or encourage improvements in, or providing services in connection with, the management of such housing;
and may, F2. . ., make payments otherwise than by way of financial assistance in pursuance of arrangements made with any such person.
(2)For this purpose—
(a)“public sector housing” means housing accommodation in which an authority or body within section 80 (the landlord condition for secure tenancies) [F3or subsection (2A)] has an interest by virtue of which it receives a rack-rent, or would do so if the premises were let at a rack-rent; and
(b)“former public sector housing” means housing accommodation in which such an authority, or a predecessor of such an authority or an authority abolished by the Local Government Act 1985 formerly had such an interest.
[F3(2A)Subsection (2)(a) applies to the following bodies—
(a)the Housing Corporation;
F4(b). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(c)a housing trust which is a charity;
(d)a [F5registered social landlord] other than a co-operative housing association; and
[F6(e)a co-operative housing association which is not a registered social landlord..]]
[F7(2B)The reference in subsection (2)(a) to a body within subsection (2A) includes the Secretary of State if he has the interest as the result of the exercise by him (or Housing for Wales) of functions under Part III of the M1Housing Associations Act 1985.]
(3)The Secretary of State may, F2. . ., give financial assistance—
(a)to persons providing educational or training courses in housing management,
(b)to persons providing services for those providing such courses, and
(c)to persons providing financial or other assistance for those attending such courses;
and may, F2. . ., make payments otherwise than by way of financial assistance in pursuance of arrangements made with any such person.
(4)Financial assistance given by the Secretary of State under subsection (1) or (3) may be given in any form, and may in particular be given by way of grants, loans or guarantees or by incurring expenditure for the benefit of the person assisted; but the Secretary of State shall not in giving such assistance purchase loan or share capital in a company.
(5)Financial assistance may be given and other payments made on such terms as the Secretary of State, F8. . ., considers appropriate; and the terms may, in particular, include provision as to the circumstances in which the assistance or other payment must be repaid or otherwise made good to the Secretary of State and the manner in which that is to be done.
(6)A person receiving financial assistance under this section shall comply with the terms on which it is given and compliance may be enforced by the Secretary of State.]
Textual Amendments
F1S. 429A inserted by Housing and Planning Act 1986 (c. 63, SIF 61), s. 16
F2Words in s. 429A(1)(3) repealed (1.10.1996) by 1996 c. 52, ss. 222, 227, Sch. 18 Pt. IV para. 22(1)(c)(3), Sch. 19 Pt. XIII; S.I. 1996/2402, art. 3 (subject to transitional provisions and savings in Sch.)
F3S. 429A(2A) inserted by Housing Act 1988 (c. 50, SIF 61), s. 140(1), Sch. 17 Pt. I para. 54
F4S. 429A(2A)(b) repealed (1.11.1998) by 1998 c. 38, ss. 140, 152, Sch. 16 para. 15(2), Sch. 18 Pt. VI (with ss. 137(1), 139(2), 141(1), 143(2)); S.I. 1998/2244, art. 5
F5Words in s. 429A(2A)(d) substituted (1.10.1996) by S.I. 1996/2325, art. 5(1), Sch. 2 para. 14(19)(a)
F6S. 429A(2A)(e) substituted (1.10.1996) by S.I. 1996/2325, art. 5(1), Sch. 2 para. 14(19)(b)
F7S. 429A(2B) inserted (1.11.1998) by 1998 c. 38, s. 140, Sch. 16 para. 15(3) (with ss. 139(2), 141(1), 143(2)); S.I. 1998/2244, art. 5
F8Words in s. 429A(5) repealed (1.10.1996) by 1996 c. 52, ss. 222, 227, Sch. 18 Pt. IV para. 22(1)(c)(3), Sch. 19 Pt. XIII; S.I. 1996/2402, art. 3 (subject to transitional provisions and savings in Sch.)
Modifications etc. (not altering text)
C1S. 429A(2A) modified (1.12.2008) by The Transfer of Housing Corporation Functions (Modifications and Transitional Provisions) Order 2008 (S.I. 2008/2839), art. 3, Sch. para. 2(1) (with art. 6); S.I. 2008/3068, arts. 1(2), 2(1)(b) (with arts. 6-13)
Marginal Citations