55.—(1) Section 87 (financial assistance with respect to formation etc of certain housing associations) is amended as follows.
(2) In subsection (1) for “Relevant Authority” substitute “Welsh Ministers”.
(3) In subsection (2) for “Relevant Authority considers appropriate, except that the Relevant Authority” substitute “Welsh Ministers consider appropriate, except that they”.
(4) In subsection (3) for “Relevant Authority” substitute “Welsh Ministers”.
(5) In subsection (4)—
(a)for “Relevant Authority” substitute “Welsh Ministers”, and
(b)for “it” substitute “they”.
(6) In subsection (5) for “housing association” substitute “relevant housing association”.