SCHEDULES
SCHEDULE 4Reducing social housing regulation
PART 3Abolition of disposal proceeds fund
I134
1
Section 181 (meaning of “publicly funded” for purposes of provisions about right to acquire) is amended as follows.
2
After subsection (2) insert—
2A
Condition 2 is that—
a
the dwelling was provided wholly or partly by a person using an amount for purposes for which the amount was required to be used by an HCA direction under section 32(4), and
b
before giving the direction the HCA notified the person that any dwelling so provided would be regarded as publicly funded.
3
In subsection (3), for “2” substitute “
3
”
.
4
After subsection (3) insert—
3A
In relation to a private registered provider, the reference in subsection (3) to its disposal proceeds fund is to its disposal proceeds fund before the abolition of that fund by Part 3 of Schedule 4 to the Housing and Planning Act 2016.
5
In subsections (4) and (5), for “3” substitute “
4
”
.
6
In subsection (6), for “4” substitute “
5
”
.