SCHEDULES

SCHEDULE 1 Registered social landlords: regulation

Part II Constitution, change of rules, amalgamation and dissolution

F1Transfer of net assets on termination of charity not within paragraph 15(1)

Annotations:
Amendments (Textual)
F1

Sch. 1 para. 15A and preceding cross-heading inserted (18.11.2004 for specified purposes) by Housing Act 2004 (c. 34), s. 270(2)(b), Sch. 11 para. 16

15A

1

The F2 Welsh Ministers may by regulations provide for any provisions of paragraph 15(2) to (6) to apply in relation to a registered social landlord within sub-paragraph (2)—

a

in such circumstances, and

b

with such modifications,

as may be specified in the regulations.

2

A registered social landlord is within this sub-paragraph if—

a

it is a registered charity, and

b

it does not fall within sub-paragraph (1) of paragraph 15.

3

Regulations under this paragraph may in particular provide that any provision of the regulations requiring the transfer of any property of the charity is to have effect notwithstanding—

a

anything in the terms of its trusts, or

b

any resolution, order or other thing done for the purposes of, or in connection with, the termination of the charity in any manner specified in the regulations.

4

Any regulations under this paragraph shall be made by statutory instrument which shall be subject to annulment in pursuance of a resolution of F3the National Assembly for Wales .