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Paragraph 15D Management transferF1

England and Wales

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

This paragraph applies if, as a result of an inquiry under paragraph 20 or an audit under paragraph 22, the Welsh Ministers are satisfied F2that a registered social landlord has failed to comply with a requirement imposed by or under an enactment.

(F32)

But this paragraph does not apply if the failure relates only to the registered social landlord's provision of housing in England.

(3)

The Welsh Ministers may require the registered social landlord to transfer management functions to a specified person.

(4)

A requirement may relate to—

(a)

the registered social landlord's affairs generally, or

(b)

specified affairs.

(5)

Transfer is to be on terms and conditions (including as to remuneration) specified in, or determined in accordance with, the requirement.

(6)

A transferee manager is to have—

(a)

any power specified in the requirement, and

(b)

any other power in relation to the registered social landlord's affairs required by the manager for the purposes specified in the requirement (including the power to enter into agreements and take other action on behalf of the registered social landlord).

Annotations

Textual amendments

F1

Sch. 1 para. 15D inserted (18.10.2011) by Housing (Wales) Measure 2011 (nawm 5), ss. 74, 90(2); S.I. 2011/2475, arts. 1(2), 2(p)

F2

Words in Sch. 1 para. 15D(1) substituted (15.8.2018) by Regulation of Registered Social Landlords (Wales) Act 2018 (anaw 4), ss. 7(4), 19(2); S.I. 2018/777, art. 3(b)

F3

Sch. 1 para. 15D(2) substituted (15.8.2018) by Regulation of Registered Social Landlords (Wales) Act 2018 (anaw 4), ss. 7(5), 19(2); S.I. 2018/777, art. 3(b)

Notes on Management etc

Textual amendments

F1

Sch. 1 para. 15B and cross-heading inserted (18.10.2011 for specified purposes, 2.12.2011 in so far as not already in force) by Housing (Wales) Measure 2011 (nawm 5), ss. 72, 90(2); S.I. 2011/2475, arts. 1(2), 2(o), 3(h)