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(1)The consent of the Secretary of State is required for the disposal by a local authority, otherwise than in pursuance of Part V (the right to buy), of a house belonging to the authority—
(a)which is let on a secure tenancy, or
(b)of which a lease has been granted in pursuance of Part V,
but which has not been acquired or appropriated by the authority for the purposes of this Part.
(2)Consent may be given—
(a)either generally to all local authorities or to any particular local authority or description of authority, and
(b)either generally in relation to all houses or in relation to any particular house or description of house.
(3)Consent may be given subject to conditions.
(4)Consent may, in particular, be given subject to conditions as to the price, premium or rent to be obtained on a disposal of the house, including conditions as to the amount by which, on a disposal of the house by way of sale or by the grant or assignment of a lease at a premium, the price or premium is to be, or may be, discounted by the local authority.
(5)For the purposes of this section the grant of an option to purchase the freehold of, or any other interest in, a house to which this section applies is a disposal and a consent given under this section to such a disposal extends to a disposal made in pursuance of the option.
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