SCHEDULE 4 The Keeping of the Housing Revenue Account
Part III Special Cases
Transfers of housing stock between authorities in London
6
(1)
Where houses and other property within the Housing Revenue Account have been transferred from one authority to another under section 23(3) of the M1London Government Act 1963 (orders transferring land held by London borough council or Common Council of City of London), the Secretary of State may by order direct, for any of the purposes of this Part of this Act—
(a)
within whose Housing Revenue Account the transferred houses and property are to be treated as falling; and
(b)
how relevant items are to be treated in the Housing Revenue Accounts of the authorities to whom the order applies.
(2)
The order may be made to apply to a description of local housing authorities specified in the order or to a specified local housing authority, and may make different provision in respect of different years or for different purposes in relation to the same year.
(3)
An order under this paragraph may amend an order made under section 23(3)of the London Government Act 1963 and may provide that one authority shall pay to another in respect of houses and property to which it relates such amounts calculated by such methods and in respect of such items and such years as appear to the Secretary of State to be appropriate.
(4)
An order under this paragraph—
(a)
shall be made by the Secretary of State with the concurrence of the Treasury, and
(b)
shall be made by statutory instrument which shall be subject to annulment in pursuance of a resolution of either House of Parliament.
(5)
Before making an order under this paragraph, the Secretary of State shall consult such representatives of local government as appear to him to be appropriate; and, before making an order applying to a particular local housing authority, he shall consult that authority.