Amendment of section 4 of the Housing Associations Act 19852.
(1)
Section 4 of the Housing Associations Act 19852 (eligibility of housing associations for registration) shall be amended in accordance with the following provisions of this article.
(2)
In subsection (3)—
(a)
after paragraph (f), there shall be inserted—
“(ff)
in England and Wales, disposing of houses by way of sale at less than market value to residents of the association;”;
(b)
in sub-paragraph (i) of paragraph (g), the words “(other than houses held by or for the association)” shall be omitted; and
(c)
in sub-paragraph (ii) of that paragraph, the words “on land belonging to other persons” shall be omitted.
(3)
In subsection (5), in the definition of “assured percentage arrangements”, the words “(other than a house held at that time by or for the association)” shall be omitted.