Sch 7 para 4
(1) Where the Regulator of Social Housing proposes to give directions under paragraph 2 to an association whose rules restrict membership to persons entitled or prospectively entitled (whether as tenants or otherwise) to occupy a dwelling provided or managed by the association requiring the association to transfer its interest in any such land to the Regulator of Social Housing , or to any other person, the Secretary of State shall not consent to the giving of the directions unless he is satisfied that arrangements have been made which, if the directions are given, will secure that the members of the association receive fair treatment in connection with the transfer. (2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .