5(1)A social landlord wishing to withdraw from membership of an approved scheme shall send notice of his proposed withdrawal to the [F1Regulator of Social Housing] .E+W
(2)The notice shall specify—
(a)the housing activities in relation to which he is subject to investigation under the scheme,
(b)the approved scheme or schemes of which he is also a member or will, on his withdrawal, become a member, and
(c)under which scheme or schemes the housing activities mentioned in paragraph (a) will be subject to investigation after his withdrawal.
(3)If the [F1Regulator of Social Housing] is satisfied that withdrawal by the landlord from the scheme will not result in a failure to comply with his duty under paragraph 1, it shall confirm the landlord’s withdrawal from the scheme.
(4)If the [F1Regulator of Social Housing] is not so satisfied, it shall withhold confirmation of the landlord’s withdrawal from the scheme; and the landlord shall continue to be a member of the scheme and bound and entitled under the scheme accordingly.
Textual Amendments
F1Words in Sch. 2 substituted (1.4.2010) by Housing and Regeneration Act 2008 (c. 17), ss. 124(1), 325(1); S.I. 2010/862, art. 2 (with Sch.)
Commencement Information
I1Sch. 2 para. 5 wholly in force at 1.8.1996 see s. 232(1)-(3) and S.I. 1996/2048, art. 2 (subject to the limitation in (2) of that art.)