14.—(1) Where—
(a)the authority has accepted a proposal notice under regulation 10;
(b)the Secretary of State has determined that the proposal notice should be accepted under regulation 12(2) or regulation 13; or
(c)the authority has not lodged an application with the Secretary of State for a determination under regulation 13 within 21 days of receipt of the acknowledgement of service by the tenant group
the tenant group may proceed to prepare a feasibility study.
(2) The feasibility study must set out—
(a)confirmation that the houses and area to which to which the feasibility study relates are those specified in the proposal notice;
(b)the possible options for the disposal of the houses and area specified in the proposal notice to a PRP (in particular whether to an existing PRP or a new PRP); and
(c)the feasibility of each option.