SCHEDULE 2Amendment of enactments: Part 2
Housing Associations Act 1985I157
1
Schedule 7 (powers exercisable where loan outstanding under section 2 of the Housing Act 1964) is amended as follows.
2
For paragraph 1 substitute—
1
This Schedule applies where—
a
the Housing Corporation made a loan to a housing association under section 2 of the Housing Act 1964 before the repeal of that section by the Housing (Consequential Provisions) Act 1985,
b
the Housing Corporation’s rights and obligations in respect of the loan have been transferred to the Regulator of Social Housing, and
c
the loan has not been repaid.
3
In paragraph 2(1), for “Relevant Authority”, in both places where it appears, substitute “Regulator of Social Housing”.
4
In paragraph 2(3) for “Housing Corporation” substitute “Regulator of Social Housing”.
5
In paragraph 3—
a
for “Housing Corporation”, in both places where it appears, substitute “Regulator of Social Housing”, and
b
omit the words from “; and the Secretary of State shall not” to the end.
6
In paragraph 4—
a
for “Housing Corporation”, in both places where it appears, substitute “Regulator of Social Housing”, and
b
omit sub-paragraph (2).
7
In paragraph 5—
a
in sub-paragraph (1), for “Housing Corporation”, in both places where it appears, substitute “Regulator of Social Housing”,
b
omit sub-paragraph (1A),
c
in sub-paragraph (2), for “Corporation” substitute “Regulator of Social Housing”,
d
in sub-paragraphs (3), (4) and (5), for “Housing Corporation” substitute “Regulator of Social Housing”, and
e
omit sub-paragraph (6).