1. Introductory Text

  2. Part I Regulation of Housing Associations

    1. Introductory

      1. 1. Meaning of “housing association” and related expressions.

      2. 2. Meaning of “housing trust”.

      3. 2A. The Corporation.

      4. 2B. Meaning of “registered housing association”, “registered social landlord” etc.

    2. Registration

      1. 3. The register.

      2. 4. Eligibility for registration.

      3. 5. Registration.

      4. 6. Removal from the register.

      5. 7. Appeal against removal.

    3. Disposal of land

      1. 8. Power of registered housing associations to dispose of land.

      2. 9. Control by Corporation of dispositions of land by housing associations.

      3. 10. Dispositions excepted from s. 9.

      4. 11. Further provisions as to certain disposals of houses.

      5. 12. Avoidance of certain disposals of houses without consent.

    4. Control of payments to members, etc.

      1. 13. Payments by way of gift, dividend or bonus.

      2. 14. Maximum amounts payable by way of fees, expenses, etc.

      3. 15. Payments and benefits to committee members, etc.

      4. 15A. Payments etc. in community-based housing associations in Scotland.

    5. Constitution, change of rules, amalgamation and dissolution

      1. 16. General power to remove committee member.

      2. 17. Power to appoint new committee member.

      3. 18. Exercise of powers under ss. 16 and 17 in relation to registered charities.

      4. 19. Change of rules under the 1965 Act.

      5. 20. Change of objects by certain charities.

      6. 21. Amalgamation and dissolution under the 1965 Act.

      7. 22.Scottish Homes’ power to petition for winding up.

      8. 23. Transfer of net assets on dissolution.

    6. Accounts and audit

      1. 24. General requirements as to accounts and audit.

      2. 25. Appointment of auditors by associations registered under the 1965 Act.

      3. 26. Accounting requirements for registered housing associations not within the 1965 Act.

      4. 27. Responsibility for securing compliance with accounting requirements

      5. 27A. Power of Scottish Homes to monitor associations.

    7. Inquiries into affairs of housing associations

      1. 28. Inquiry.

      2. 29. Extraordinary audit for purposes of inquiry.

      3. 30. General powers exercisable as a result of inquiry or audit.

      4. 31. Exercise of powers under ss. 28 to 30 in relation to registered charities.

      5. 32. Power to direct transfer of land to another housing association or Scottish Homes.

    8. Miscellaneous

      1. 33. Recognition of central association.

      2. 33A. Provision of services between the Corporations.

      3. 34. Provision of land by county councils.

      4. 35. Housing trusts: power to transfer housing to local housing authority.

      5. 36. Housing trusts: functions of Secretary of State with respect to legal proceedings.

      6. 36A. Issue of guidance by Scottish Homes.

    9. Supplementary

      1. 37. Definitions relating to the 1965 Act and societies registered under it.

      2. 38. Definitions relating to charities.

      3. 39. Minor definitions.

      4. 40. Index of defined expressions: Part I.

  3. Part II Housing Association Finance

    1. 41—51.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

    2. 52.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

    3. 53.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

    4. Deficit grants

      1. 54.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

      2. 55. Hostel deficit grants.

      3. 56. Applications for deficit grants.

      4. 57. Payment of deficit grants.

    5. Arrangements with local authorities

      1. 58.Powers of local authorities to promote and assist housing associations: England and Wales.

      2. 59. Powers of local authorities to promote and assist housing associations: Scotland.

      3. 60. Certain assistance restricted to registered housing associations.

      4. 61. Power of local housing authority to supply furniture to housing association tenants.

      5. 62.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

      6. 63—66.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

    6. Loans by Public Works Loan Commissioners

      1. 67. Loans by Public Works Loan Commissioners: England and Wales.

      2. 68. Loans by Public Works Loan Commissioners: Scotland.

    7. Miscellaneous

      1. 69. Power to vary or terminate certain agreements with housing associations.

      2. 69A. Land subject to housing management agreement.

      3. 70. Continuation of arrangements under repealed enactments.

      4. 71. Superseded contributions, subsidies and grants.

    8. Supplementary provisions

      1. 72. Minor definitions.

      2. 73. Index of defined expressions: Part II.

  4. Part III The Housing Corporation

    1. Constitution and other general matters

      1. 74. The Housing Corporation.

      2. 75. General functions of the Corporation.

      3. 76. Directions by the Secretary of State.

      4. 76A. Realisation of value of Corporation’s loans portfolio.

      5. 77. Advisory service.

      6. 78. Annual report.

    2. Corporation’s powers with respect to grants and loans

      1. 79. Lending powers.

      2. 80. Security for loans to unregistered self-build societies.

      3. 81. Further advances in case of disposal on shared ownership lease.

      4. 82. Loans made under s. 2 of the Housing Act 1964.

      5. 83. Power to guarantee loans.

      6. 84. Agreements to indemnify certain lenders: England and Wales.

      7. 85. Meaning of “recognised body” and “relevant advance”.

      8. 86. Agreements to indemnify building societies: Scotland.

      9. 87. Financial assistance with respect to formation, management, etc. of certain housing associations.

    3. Corporation’s powers with respect to land and works

      1. 88. Acquisition of land.

      2. 89. Provision of dwellings or hostels and clearance, management and development of land.

      3. 90. Disposal of land.

      4. 91. Protection of persons deriving title under transactions requiring consent.

    4. The Corporation’s finances

      1. 92. Borrowing powers.

      2. 93. Limit on borrowing.

      3. 94. Treasury guarantees of borrowing.

      4. 95. Grants to the Corporation.

      5. 96. General financial provisions.

      6. 97. Accounts and audit.

    5. Acquisition of securities and control of subsidiaries

      1. 98. Acquisition of securities and promotion of body corporate.

      2. 99. Control of subsidiaries.

    6. Supplementary provisions

      1. 100. Scottish Special Housing Association may act as agents for Corporation in Scotland.

      2. 101. Minor definitions.

      3. 102. Index of defined expressions: Part III.

  5. Part IV General Provisions

    1. General provisions

      1. 103. Application to Isles of Scilly.

      2. 104. Local housing authorities.

      3. 105. Members of a person’s family.

      4. 106. Minor definitions — general.

    2. Final provisions

      1. 107. Short title, commencement and extent.

  6. SCHEDULES

    1. SCHEDULE 1

      Grant-Aided Land

      1. Definition of “grant-aided land”

        1. 1.For the purposes of section 9(1A) (control by Corporation of...

      2. Payments

        1. 2.The payments referred to in paragraph 1(a) are—

      3. Loans

        1. 3.The loans referred to in paragraph 1(b) are—

    2. SCHEDULE 2

      1. Repayment of discount on early disposal

        1. 1.(1) This paragraph applies where, on a disposal of a...

      2. Liability to repay is a charge on the premises

        1. 2.(1) The liability that may arise under the covenant required...

      3. Restriction on disposal of houses in National Parks, etc.

        1. 3.(1) Where a conveyance, grant or assignment executed under section...

      4. Relevant disposals

        1. 4.(1) A disposal, whether of the whole or part of...

      5. Exempted disposals

        1. 5.(1) A disposal is an exempted disposal for the purposes...

      6. Meaning of “compulsory disposal”

        1. 6.In this Schedule a “compulsory disposal” means a disposal of...

      7. Exempted disposals which end liability under covenants

        1. 7.Where there is a relevant disposal which is an exempted...

      8. Treatment of options

        1. 8.(1) For the purposes of this Schedule the grant of...

    3. SCHEDULE 3

      1. Books of account, &c.

        1. 1.(1) The association shall in respect of its housing activities—...

      2. Accounts and balance sheets

        1. 2.(1) The association shall for each period of account prepare—...

      3. Appointment of auditor

        1. 3.(1) The association shall in each period of account appoint...

      4. Auditor’s report

        1. 4.(1) The association’s auditor appointed under this Schedule shall make...

      5. Duties of auditor

        1. 5.The auditor in preparing his report shall carry out such...

      6. Auditor’s right of access to books, etc.

        1. 6.The auditor— (a) has a right of access at all...

      7. Periods of account

        1. 7.A period of account for the purposes of this Schedule...

    4. SCHEDULE 4

      Housing Associations: Continuation of Arrangements Under Repealed Enactments

      1. Part I Arrangements with Local Authorities for Provision or Improvement of Housing

        1. (ss. 120 and 121 of the Housing Act 1957)

          1. 1.Arrangements between a local authority and a housing association under...

          2. 2.Arrangements between a local authority and a housing association under...

      2. Part II Subsidy Agreements with Local Authorities

        1. (s. 79 of the Housing Finance Act 1972 and s. 59 of the Housing (Financial Provisions) (Scotland) Act 1972)

          1. 1.In this Part “subsidy agreement” means an agreement made between...

          2. 2.Where a subsidy agreement provides for the payment of greater...

      3. Part III Special Arrangements with the Secretary of State in Scotland

        1. (s.1(1)(d) of the Housing (Scotland) Act 1962; s.1(2)(d) of the Housing (Financial Provisions) (Scotland) Act 1968)

    5. SCHEDULE 5

      Housing Association Finance: Superseded Subsidies, Contributions and Grants

      1. Part I Residual Subsidies: England and Wales

        1. (ss. 72 and 73 of the Housing Finance Act 1972) Entitlement to residual subsidies

          1. 1.(1) Basic residual subsidy is payable to a housing association...

          2. 2.(1) Special residual subsidy is payable to a housing association...

          3. 3.No basic or special residual subsidy is payable to a...

        2. Power to vary withdrawal factor or reduction factor

          1. 4.(1) This paragraph applies where a housing association, by furnishing...

        3. Administrative provisions

          1. 5.(1) Payment of basic or special residual subsidy is subject...

        4. Powers exercisable in case of disposal of dwellings by association

          1. 6.(1) The Secretary of State may reduce, suspend or discontinue...

        5. Saving for financial years beginning before the commencement of this Act

          1. 7.(1) The preceding provisions apply in relation to the financial...

      2. Part II Residual Subsidies: Scotland

        1. (ss. 52 and 53 of the Housing (Financial Provisions) (Scotland) Act 1972) Entitlement to residual subsidies

          1. 1.(1) Basic residual subsidy is payable to a housing association...

          2. 2.(1) Special residual subsidy is payable to a housing association...

          3. 3.No basic or special residual subsidy is payable to a...

        2. Power to vary withdrawal factor or reduction factor

          1. 4.(1) This paragraph applies where a housing association, by furnishing...

        3. Administrative provisions

          1. 5.(1) Payment of basic or special residual subsidy is subject...

        4. Powers exercisable in case of disposal of houses by association

          1. 6.(1) The Secretary of State may reduce, suspend or discontinue...

        5. Saving for financial years beginning before the commencement of this Act

          1. 7.(1) The preceding provisions apply in relation to the financial...

      3. Part III Contributions and Grants Under Arrangements With Local Authorities

        1. (s. 12 of the Housing (Financial Provisions) Act 1958; s. 12 of the Housing Subsidies Act 1967; s. 21 of the Housing Act 1969)

          1. 1.(1) Contributions by the Secretary of State in connection with...

          2. 2.If the Secretary of State is satisfied, in the case...

        2. (s. 17 of the Housing (Financial Provisions) (Scotland) Act 1968)

          1. 3.(1) Contributions by the Secretary of State under section 17...

          2. 4.(1) The Secretary of State may, in any of the...

      4. Part IV Contributions Under Arrangements with the Secretary of State in Scotland

        1. (s. 16 of the Housing (Financial Provisions) (Scotland) Act 1968)

          1. 1.(1) Contributions by the Secretary of State under section 16...

      5. Part V Schemes for the Unification of Grant Conditions

        1. (s. 123 of the Housing Act 1957; s. 157 of the Housing (Scotland) Act 1966)

          1. 1.A scheme under section 123 of the Housing Act 1957...

          2. 2.A scheme under section 157 of the Housing (Scotland) Act...

      6. Part VI New Building Subsidy and Improvement Subsidy

        1. (s. 75 of the Housing Finance Act 1972; ss. 55 and 57 of the Housing (Financial Provisions) (Scotland) Act 1972)

          1. 1.(1) The following subsidies remain payable in respect of building...

          2. 2.(1) The Secretary of State may make reduced payments of...

          3. 3.(1) Where a housing association satisfies the Secretary of State,...

          4. 4.(1) Where before 1st April 1976 a registered housing association...

      7. Part VII Payments in Respect of Hostels Under Pre-1974 Enactments

        1. (s. 21 of the Housing (Financial Provisions) (Scotland) Act 1968)

          1. 1.(1) Section 21 of the Housing (Financial Provisions) (Scotland) Act...

    6. SCHEDULE 6

      1. Status of Corporation

        1. 1.(1) The Housing Corporation is a body corporate.

      2. Membership of Corporation

        1. 2.(1) The members of the Housing Corporation, of whom there...

        2. 3.(1) The members of the Housing Corporation shall hold and...

      3. Chairman and Deputy Chairman

        1. 4.(1) The Secretary of State shall appoint one of the...

      4. Remuneration and allowances

        1. 5.(1) The Secretary of State may pay the Chairman, Deputy...

      5. Pensions

        1. 6.(1) The Secretary of State may, with the consent of...

      6. Proceedings of the Corporation

        1. 7.(1) The quorum of the Housing Corporation and the arrangements...

        2. 8.(1) Where a member of the Housing Corporation is in...

        3. 9.(1) The fixing of the Housing Corporation’s seal may be...

    7. SCHEDULE 7

      Powers Exercisable Where Loan Outstanding under Section 2 of The Housing Act 1964

      1. Introductory

        1. 1.This Schedule applies where the Housing Corporation has made a...

      2. Directions as to disposal of land securing loan

        1. 2.(1) The Corporation may, with the consent in writing of...

        2. 3.Where the Corporation proposes to give a housing association directions...

        3. 4.Where the Corporation proposes to give directions under paragraph 2...

      3. Schemes for Corporation to provide housing accommodation in place of association

        1. 5.(1) If it appears to the Corporation—