Commencement Information
I1Sch. 16 in force at 1.11.1998 by S.I. 1998/2244, art. 5
53(1)Schedule 7 (powers exercisable where loan outstanding under section 2 of the M1Housing Act 1964) is amended as follows.
(2)In paragraph 2—
(a)in sub-paragraph (1), omit “, with the consent in writing of the Secretary of State,”,
(b)in sub-paragraph (2), omit “given with the like consent”, and
(c)after that sub-paragraph insert—
“(3)The written consent of the Secretary of State is required for the giving, varying or revoking of directions by the Housing Corporation.”
(3)In paragraph 3—
(a)for “Corporation” (in both places) substitute “ Housing Corporation ”, and
(b)at the end insert “ ; and the Secretary of State shall not give a housing association directions under paragraph 2 unless he at the same time makes, or has previously made, such a scheme. ”
(4)Paragraph 4 shall be renumbered as sub-paragraph (1) of that paragraph and—
(a)in that sub-paragraph, for “Corporation” (in both places) substitute “ Housing Corporation ”, and
(b)after that sub-paragraph insert—
“(2)The Secretary of State shall not give to such an association directions under paragraph 2 requiring the association to transfer any land to the Secretary of State, or to any other person, unless he is so satisfied.”
(5)In paragraph 5—
(a)in sub-paragraph (1), for “Corporation” (in both places) substitute “ Housing Corporation ”,
(b)after that sub-paragraph insert—
“(1A)If it so appears to the Secretary of State, he may make a scheme.”,
(c)in sub-paragraphs (3), (4) and (5), for “Corporation” substitute “ Housing Corporation ”, and
(d)after sub-paragraph (5) insert—
“(6)Where the Secretary of State makes the scheme, he shall have power to acquire for the purposes of the scheme the association’s interest in the land and to carry through the provisions of the scheme.”
Marginal Citations