Part IE+W+S Regulation of Housing Associations

Constitution, change of rules, amalgamation and dissolutionE+W+S

[F118 Exercise of powers under ss. 16 and 17 in relation to registered charities.S

(1)The [F2Corporation]] may exercise its powers under sections 16 and 17 (removal or appointment of committee member) in relation to an association which is a registered charity only if the association has, at any time before the powers are exercised, received [F3financial assistance under section 24 of the Local Government Act 1988 or] a grant or loan under—

  • [F4section 50 of the Housing Act 1988 (housing association grants),

  • section 51 of that Act (revenue deficit grants)]

  • section 41 (housing association grants),

  • section 54 or 55 (revenue deficit grants or hostel deficit grants),

  • section 58(2) (grants or loans by local authorities),

  • section 79 (loans by [F2Corporation]),

  • section 31 of the M1Housing Act 1974 (management grants), or

  • any enactment mentioned in paragraph 2 or 3 of Schedule 1 (pre-1974 grants and certain loans).

(2)Sections 16 and 17 apply in relation to a trustee of such an association as they apply in relation to a committee member.

(3)Before exercising its powers under section 17 (appointment of committee member or trustee) in relation to such an association the Corporation shall consult the Charity Commissioners; . . . F5