Section 2 Inquiries into affairs of registered housing associations

Article 23 of the 1992 Order (inquiries into registered housing associations) is amended as follows.

For paragraph (1) substitute—

“(1)

This Article applies where the Department has reasonable grounds to suspect that a registered housing association has failed, or is failing, to comply with—

(a)

a duty imposed by this Order or by any other statutory provision,

(b)

a requirement imposed on the association by the Department under this Order or any other statutory provision, or

(c)

any guidance issued by the Department under this Order,

relating to its housing activities or its financial or other affairs.

(1A)

The Department may appoint a person to conduct an inquiry into the affairs of the registered housing association.

(1B)

If the appointed person considers it necessary for the purposes of an inquiry under paragraph (1A), the person may also inquire into the business of any other body which, at a time which the person considers material, is or was a subsidiary or associate of the association concerned.”.

In paragraph (2), for “paragraph (1)” substitute “paragraph (1A)”.

In paragraph (3), for “paragraph (1)” substitute “paragraph (1B)”.