Section 150 Disposals without consentI1

(1)

A purported disposal by a registered provider is void if—

(a)

it requires the regulator's consent under section 148, and

(b)

the regulator has not given consent.

(2)

But subsection (1) does not apply to a disposal by a non-profit registered provider to one or more individuals (“the buyer”) if—

(a)

the disposal is of a single dwelling, and

(b)

the registered provider reasonably believes at the time of the disposal that the buyer intends to use the property as the buyer's principal residence.

Annotations

Commencement

I1: S. 150 in force at 1.4.2010 by S.I. 2010/862, art. 2 (with Sch.)

Notes on Part 2

Modifications

C1: Pt. 2 modified (1.4.2012) by Localism Act 2011 (c. 20), s. 240(2), Sch. 16 para. 69(2); S.I. 2012/628, art. 6(i) (with arts. 9 11 14 15 17)