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Regulation 13 Exempt person: non-profit registered providers of social housing

Original text. Later amendments are not shown.

(1)

“Exempt person” means—

(a)

a non-profit registered provider of social housingf1;

(b)

a company that is a wholly-owned subsidiary of a non-profit registered provider of social housing.

(2)

For the purposes of paragraph (1), a company is a wholly-owned subsidiary of a non-profit registered provider of social housing (the “registered provider”) if the company has no members except—

(a)

the registered provider or persons acting on behalf of the registered provider;

(b)

the registered provider’s wholly-owned subsidiaries or persons acting on behalf of the registered provider’s wholly-owned subsidiaries.

Annotations

Footnotes

f1

By virtue of Schedule 1 to the Interpretation Act 1978 (c. 30) see section 80 of the Housing and Regeneration Act 2008 (c. 17) for the meaning of “registered provider of social housing” and section 115 of that Act for what is meant by “non-profit” in relation to such providers. Section 80 was amended by S.I. 2010/844. Section 115 was amended by paragraph 23 of Schedule 4 to the Housing and Planning Act 2016 (c. 22), section 8 of, and paragraph 2 of Schedule 4 to, the Social Housing (Regulation) Act 2023 (c. 36) and S.I. 2010/844.