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Changes over time for: Paragraph 27


Timeline of Changes
This timeline shows the different points in time where a change occurred. The dates will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. The first date in the timeline will usually be the earliest date when the provision came into force. In some cases the first date is 01/02/1991 (or for Northern Ireland legislation 01/01/2006). This date is our basedate. No versions before this date are available. For further information see the Editorial Practice Guide and Glossary under Help.
Version Superseded: 15/08/2018
Status:
Point in time view as at 01/04/2010.
Changes to legislation:
Housing Act 1996, Paragraph 27 is up to date with all changes known to be in force on or before 06 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.

Changes to Legislation
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27(1)Where as a result of an inquiry under paragraph 20 or an audit under paragraph 22 the [Relevant Authority] is satisfied as regards a registered social landlord—E+W
(a)that there has been misconduct or mismanagement in its administration, or
(b)that the management of its land would be improved if its land were transferred in accordance with the provisions of this paragraph,
the [Relevant Authority] may, . . . direct the registered social landlord to make such a transfer . ...
(2)Where the registered social landlord concerned is a charity, the [Relevant Authority] may only direct a transfer to be made to another registered social landlord—
(a)which is also a charity, and
(b)the objects of which appear to the [Relevant Authority] to be, as nearly as practicable, akin to those of the registered social landlord concerned.
(3)In any other case the [Relevant Authority] may direct a transfer to be made to the [Relevant Authority] or to another registered social landlord.
(4)The transfer shall be on such terms as the [Relevant Authority] may direct on the basis of principles determined by it.
...
(5)The price shall not be less than the amount certified by the district valuer to be the amount the property would command if sold by a willing seller to another registered social landlord.
(6)The terms shall include provision as to the payment of debts and liabilities (including debts and liabilities secured on the land).
Textual Amendments
Modifications etc. (not altering text)
Commencement Information
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