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Housing Associations Act 1985

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Changes over time for: Cross Heading: Directions as to disposal of land securing loan

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Version Superseded: 01/04/2010

Status:

Point in time view as at 01/12/2008.

Changes to legislation:

There are currently no known outstanding effects for the Housing Associations Act 1985, Cross Heading: Directions as to disposal of land securing loan. Help about Changes to Legislation

Directions as to disposal of land securing loanE+W+S

2(1)The [F1Relevant Authority]may F2. . .give the association directions with respect to the disposal of land belonging to the association in which the [F1Relevant Authority] has an interest as mortgagee under a mortgage, or as creditor in a heritable security, entered into by the association to secure the loan.E+W+S

(2)Directions so given may be varied or revoked by subsequent directions F3. . ..

[F4(3)The written consent of the Secretary of State is required for the giving, varying or revoking of directions by the Housing Corporation.]

Textual Amendments

F1Words in Pt. III (ss. 74-102), Sch. 7 substituted (1.11.1998) by 1998 c. 38, s. 140, Sch. 16 para. 28(a) (with ss. 139(2), 143(2)); S.I. 1998/2244, art. 5

F2Words in Sch. 7 para. 2(1) repealed (1.11.1998) by 1998 c. 38, ss. 140, 152, Sch. 16 para. 53(2)(a), Sch. 18 Pt. VI (with ss. 137(1), 139(2), 141(1), 143(2)); S.I. 1998/2244, art. 5

F3Words in Sch. 7 para. 2(2) repealed (1.11.1998) by 1998 c. 38, ss. 140, 152, Sch. 16 para. 53(2)(b), Sch. 18 Pt. VI (with ss. 137(1), 139(2), 141(1), 143(2)); S.I. 1998/2244, art. 5

F4Sch. 7 para. 2(3) inserted (1.11.1998) by 1998 c. 38, s. 140, Sch. 16 para. 53(2)(c) (with ss. 139(2), 143(2)); S.I. 1998/2244, art. 5

3E+W+SWhere the [F5Housing Corporation] proposes to give a housing association directions under paragraph 2 requiring the association to transfer to the [F5Housing Corporation] the association’s interest in any land, the Secretary of State shall not consent to the giving of the directions unless he at the same time approves, or has previously approved, a scheme under paragraph 5 with respect to that land [F6; and the Secretary of State shall not give a housing association directions under paragraph 2 unless he at the same time makes, or has previously made, such a scheme].

Textual Amendments

F5Words in Sch. 7 para. 3 substituted (1.11.1998) by 1998 c. 38, s. 140, Sch. 16 para. 53(3)(a) (with ss. 139(2), 143(2)); S.I. 1998/2244, art. 5

F6Words in Sch. 7 para. 3 inserted (1.11.1998) by 1998 c. 38, s. 140, Sch. 16 para. 53(3)(b) (with ss. 139(2), 143(2)); S.I. 1998/2244, art. 5

4F7[F8(1)] Where the [F9Housing Corporation] proposes to give directions under paragraph 2 to an association whose rules restrict membership to persons entitled or prospectively entitled (whether as tenants or otherwise) to occupy a dwelling provided or managed by the association requiring the association to transfer its interest in any such land to the [F9Housing Corporation], or to any other person, the Secretary of State shall not consent to the giving of the directions unless he is satisfied that arrangements have been made which, if the directions are given, will secure that the members of the association receive fair treatment in connection with the transfer.E+W+S

[F8(2)The Secretary of State shall not give to such an association directions under paragraph 2 requiring the association to transfer any land to the Secretary of State, or to any other person, unless he is so satisfied.]

Textual Amendments

F7Sch. 7 para. 4 renumbered as Sch. 7 para. 4(1) (1.11.1998) by 1998 c. 38, s. 140, Sch. 16 para. 53(4) (with ss. 139(2), 143(2)); S.I. 1998/2244, art. 5

F8Sch. 7 para. 4(2) inserted (1.11.1998) by 1998 c. 38, s. 140, Sch. 16 para. 53(4)(b) (with ss. 139(2), 143(2)); S.I. 1998/2244, art. 5

F9Words in Sch. 7 para. 4(1) substituted (1.11.1998) by 1998 c. 38, s. 140, Sch. 16 para. 53(4)(a) (with ss. 139(2), 143(2)); S.I. 1998/2244, art. 5

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