Section 74A Leaving the social housing stock: transfer by private providersF1

(1)

A dwelling ceases to be social housing if a private registered provider F2... owns the freehold or a leasehold interest and transfers it to a person who is not a registered provider ....

(2)

Subsection (1) does not apply if and for so long as the private registered provider has a right to have the interest transferred back to it.

(3)

Subsection (1) does not apply where low cost home ownership accommodation is transferred to—

(a)

the “buyer” under equity percentage arrangements (see section 70(5)), or

(b)

the trustees under a shared ownership trust (see section 70(6)).

(4)

See section 73 for circumstances when low cost home ownership accommodation ceases to be social housing.

Annotations

Textual amendments

F1: S. 74A inserted (6.4.2017) by Housing and Planning Act 2016 (c. 22), s. 216(3), Sch. 4 para. 9; S.I. 2017/75, reg. 4
F2: Words in s. 74A(1) omitted (20.9.2023) by virtue of Social Housing (Regulation) Act 2023 (c. 36), s. 46(3), Sch. 5 para. 3; S.I. 2023/1001, reg. 2(y)(ii)

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)