(1)In this Act “housing association” means a society, body of trustees or company—
(a)which is established for the purpose of, or amongst whose objects or powers are included those of, providing, constructing, improving or managing, or facilitating or encouraging the construction or improvement of, housing accommodation, and
(b)which does not trade for profit or whose constitution or rules prohibit the issue of capital with interest or dividend exceeding such rate as may be prescribed by the Treasury, whether with or without differentiation as between share and loan capital.
(2)In this Act “fully mutual”, in relation to a housing association, means that the rules of the association—
(a)restrict membership to persons who are tenants or prospective tenants of the association, and
(b)preclude the granting or assignment of tenancies to persons other than members;
and “co-operative housing association” means a fully mutual housing association which is a society registered under the M1Industrial and Provident Societies Act 1965.
(3)In this Act “self-build society” means a housing association whose object is to provide, for sale to, or occupation by, its members, dwellings built or improved principally with the use of its members’ own labour.
[F1(4)In this Act “registered social landlord” means—
(a)a housing association registered in the register maintained by the Housing Corporation under section 1 of the Housing Act 1996, or
(b)a housing association registered in the register maintained by [F2the Secretary of State]] under section 1 of the Housing Act 1996,
subject as follows.
(5)References to registered social landlords include, where the context so permits, references to housing associations registered in the register maintained by Scottish Homes under section 3 of the Housing Associations Act 1985 (Scottish registered housing associations)..
Textual Amendments
F1S. 5(4)(5) substituted for s. 5(4) (1.10.1996) by S.I. 1996/2325, art. 5(1), Sch. 2 para. 14(2)
F2Words in s. 5(4)(b) substituted (1.11.1998) by 1998 c. 38, s. 140, Sch. 16 para. 6 (with ss. 139(2), 141(1), 143(2)); S.I. 1998/2244, art. 4
Modifications etc. (not altering text)
C1S. 5(4) 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