- Latest available (Revised)
- Original (As enacted)
This is the original version (as it was originally enacted).
(1)A housing association is eligible for registration if it is—
(a)a registered charity, or
(b)a society registered under the 1965 Act which fulfils the following conditions.
(2)The conditions are that the association does not trade for profit and is established for the purpose of, or has among its objects or powers, the provision, construction, improvement or management of—
(a)houses to be kept available for letting, or
(b)houses for occupation by members of the association, where the rules of the association restrict membership to persons entitled or prospectively entitled (as tenants or otherwise) to occupy a house provided or managed by the association, or
(c)hostels,
and that any additional purposes or objects are among the following.
(3)The permissible additional purposes or objects are—
(a)providing land or buildings for purposes connected with the requirements of the persons occupying the houses or hostels provided or managed by the association;
(b)providing amenities or services for the benefit of those persons, either exclusively or together with other persons;
(c)acquiring, or repairing and improving, or creating by the conversion of houses or other property, houses to be disposed of on sale or on lease;
(d)building houses to be disposed of on shared ownership leases ;
(e)encouraging and giving advice on the formation of other housing associations which would be eligible for registration by the Corporation;
(f)providing services for, and giving advice on the running of, registered housing associations ;
(g)effecting transactions falling within section 45(1) (acquisition and disposal of house at discount to tenant of charitable body).
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