Article 5 Power of housing trusts to hold land

For the purpose of constructing, improving or repairing, or facilitating or encouraging the construction, improvement or repair of, housing accommodation, a housing trust—

(a)

may acquire and dispose of any estate in land; and

(b)

if it is not already a body corporate shall, for the purpose of holding any estate in land acquired under this Article, and of suing and being sued in respect thereof, be deemed to be a body corporate with perpetual succession, and consequently for the purpose of acquiring, holding or disposing of such an estate shall have a common seal.

Notes on the whole Order

Textual amendments

F1: functions transf. by SR 1999/481