OpenLegislation

Paragraph 2

England, Wales and Scotland

(1)

The F1Regulator of Social Housing may F2... give the association directions with respect to the disposal of land belonging to the association in which the Regulator of Social Housing has an interest as mortgagee under a mortgage, or as creditor in a heritable security, entered into by the association to secure the loan.

(2)

Directions so given may be varied or revoked by subsequent directions F3... .

F4(3)

The written consent of the Secretary of State is required for the giving, varying or revoking of directions by the F5Regulator of Social Housing.

Annotations

Textual amendments

F1

Words in Sch. 7 para. 2(1) substituted (1.4.2010) by The Housing and Regeneration Act 2008 (Consequential Provisions) Order 2010 (S.I. 2010/866), art. 1(2), Sch. 2 para. 57(3) (with art. 6, Sch. 3)

F2

Words in Sch. 7 para. 2(1) repealed (1.11.1998) by 1998 c. 38, ss. 140, 152, Sch. 16 para. 53(2)(a), Sch. 18 Pt. VI (with ss. 137(1), 139(2), 141(1), 143(2)); S.I. 1998/2244, art. 5

F3

Words in Sch. 7 para. 2(2) repealed (1.11.1998) by 1998 c. 38, ss. 140, 152, Sch. 16 para. 53(2)(b), Sch. 18 Pt. VI (with ss. 137(1), 139(2), 141(1), 143(2)); S.I. 1998/2244, art. 5

F4

Sch. 7 para. 2(3) inserted (1.11.1998) by 1998 c. 38, s. 140, Sch. 16 para. 53(2)(c) (with ss. 139(2), 143(2)); S.I. 1998/2244, art. 5

F5

Words in Sch. 7 para. 2(3) substituted (1.4.2010) by The Housing and Regeneration Act 2008 (Consequential Provisions) Order 2010 (S.I. 2010/866), art. 1(2), Sch. 2 para. 57(4) (with art. 6, Sch. 3)

Notes on Schedule 7

Modifications

C1

Sch. 7: transfer of functions (E.W.) (1.12.2008) by The Transfer of Housing Corporation Functions (Modifications and Transitional Provisions) Order 2008 (S.I. 2008/2839), arts. 1(1), 2 (see S.I. 2008/3068, art. 2(1)(b))

C2

Sch. 7 modified (E.W.) (1.12.2008) by The Transfer of Housing Corporation Functions (Modifications and Transitional Provisions) Order 2008 (S.I. 2008/2839), arts. 1(1), 3, Sch. para. 3 (with art. 6) (see S.I. 2008/3068, art. 2(1)(b))