Part VI Housing Finance
Housing subsidies
79 Housing Revenue Account subsidy.
(1)
Housing Revenue Account subsidy shall be payable for each year to local housing authorities F1in Wales.
F2(2)
Housing Revenue Account subsidy shall be paid by the F3Welsh Ministers—
(a)
in such instalments, at such times and in such manner, and
(b)
subject to such conditions as to claims, records, certificates, supply of Housing Revenue Account business plans, audit or otherwise,
as the F3Welsh Ministers may determine.
(3)
Sections 421 to 427A of the M1Housing Act 1985 (which are superseded, in their application to local housing authorities, by this section and sections 80 and 86 below) shall cease to apply in relation to such authorities.