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SCHEDULE 1Consequential provisions

Housing Associations Act 1985

6.—(1) Section 84 (agreements to indemnify certain lenders: England and Wales) is amended as follows.

(2) For “Relevant Authority”, wherever appearing, substitute “Welsh Ministers”.

(3) In subsection (1), for “binds itself” substitute “bind themselves”.

(4) In subsection (3)(b) for “is” substitute “are”.

(5) Omit subsection (4).

(6) In subsection (5)—

(a)for the words from the beginning to “he has not” substitute “The Welsh Ministers shall, before entering into an agreement in a form about which they have not”, and

(b)in paragraphs (a) and (b) for “he thinks” substitute “they think”.

(7) For the heading substitute “Agreements to indemnify certain lenders”.