s 54 Power to purchase buildings subject to existing clearance orders
(1) Where a clearance order made before the thirtieth day of August, nineteen hundred and fifty-four, applies to a house which in the opinion of the local authority— (a) is or can be rendered capable of providing accommodation of a standard which is adequate for the time being, or (b) should be retained for either of the purposes mentioned in paragraphs (a) and (b) of subsection (3) of section forty-eight of this Act, then, subject to the provisions of subsection (2) of this section, the house may be acquired by the local authority under section forty-three of this Act notwithstanding that the clearance order has been made or that any proceedings have been taken in pursuance of the clearance order; and on the completion of the purchase of the house the clearance order shall cease to have effect so far as it relates to the house. (2) The foregoing subsection shall not apply to a house as respects which a licence is for the time being in force under the last foregoing section.