SCHEDULE 2Amendment of enactments: Part 2
Housing Associations Act 1985I151
1
Section 79 (lending powers) is amended as follows.
2
In subsection (1)—
a
for “Relevant Authority” substitute “Welsh Ministers”, and
b
omit “, and the Housing Corporation may lend to any of its subsidiaries or to any other body in which it holds an interest,”.
3
In subsection (2)—
a
for “Relevant Authority”, where it first appears, substitute “Welsh Ministers”,
b
in paragraph (a) for “Relevant Authority” substitute “Welsh Ministers”, and
c
for paragraph (b) substitute—
b
a registered social landlord or an unregistered self-build society,
4
In subsection (3) for “Relevant Authority” substitute “Welsh Ministers”.
5
For subsection (4) substitute—
4
Subject to that, the terms of a loan under this section shall be such as the Welsh Ministers determine either generally or in a particular case.