4[F1F2(1)] Where the [F3Housing 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 [F3Housing 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
[F1(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
F1Sch. 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
F2Sch. 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
F3Words 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