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Housing Associations Act 1985

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This is the original version (as it was originally enacted).

4(1)Where before 1st April 1976 a registered housing association made an application for housing association grant in respect of a housing project which was or included a building scheme or improvement scheme which had been previously approved for the purposes of any of the provisions mentioned in paragraph 1 and the Secretary of State gave his approval to that project for the purposes of housing association grant, no further payments of new building subsidy or improvement subsidy shall be made in respect of that approved scheme.

(2)A condition imposed by the Secretary of State in such a case by virtue of section 35(2)(b) of the [1974 c. 44.] Housing Act 1974, requiring the repayment of all or any of the payments of new building subsidy or improvement subsidy already paid, if in force immediately before the commencement of this Act, remains in force under this sub-paragraph.

(3)No account shall be taken under section 47(2)(b) (estimation of net cost of project for purposes of housing association grant; income to include subsidies) of payments of subsidy received which are required to be repaid in pursuance of such a condition.

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