The Housing Associations (Permissible Additional Purposes) (England and Wales) Order 1996
Citation, commencement and extent1.
(1)
This order may be cited as the Housing Associations (Permissible Additional Purposes) (England and Wales) Order 1996 and shall come into force on 1st April 1996.
(2)
This Order extends to England and Wales only.
Amendment of section 4 of the Housing Associations Act 19852.
(1)
(2)
In subsection (3)—
(a)
“(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.
Signed by authority of the Secretary of State
This Order amends, with respect to England and Wales only, section 4 of the Housing Associations Act 1985, which sets out the conditions of eligibility of housing associations for registration under the Act.
A new permissible purpose or object is inserted, of disposing of houses to residents of the association in question at less than the market value. In addition, an existing purpose or object relating to assisting residents to acquire houses or procure the construction of houses is amended. The amendments remove the restrictions that prevent the houses in question being those of the association or constructed on the association’s land.