Corporation Tax Act 2010

644Approval of housing associationsU.K.

This section has no associated Explanatory Notes

(1)In the case of a housing association in Great Britain, the power to approve housing associations for the purposes of this Chapter—

(a)is exercisable by the Scottish Ministers if the association has its registered office in Scotland,

(b)is exercisable by the Welsh Ministers in relation to Wales, and

(c)is otherwise exercisable by the Secretary of State.

(2)In the case of a housing association in Northern Ireland, the power to approve housing associations for the purposes of this Chapter is exercisable by the Department for Social Development.

(3)An approval given for the purposes of this Chapter—

(a)has effect from the date specified by the approving authority (which may be earlier or later than the date on which the approval is given), and

(b)may be revoked by the approving authority.

(4)See also paragraph 80 of Schedule 2 (concurrent exercise by the Secretary of State of certain functions exercisable by the Welsh Ministers).