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Housing Act 1996

Housing Act 1996 s 42

s 42 Moratorium on disposal of land, &c.

(1) Where any of the steps mentioned in section 41 is taken in relation to a registered social landlord, there is a moratorium on the disposal of land held by the landlord. (2) During the moratorium the consent of the Welsh Ministers under this section is required (except as mentioned below) for any disposal of land held by the landlord, whether by the landlord itself or any person having a power of disposal in relation to the land. Consent under this section may be given in advance and may be given subject to conditions. (3) Consent is not required under this section for a letting of land under an occupation contract. (4) A disposal made without the consent required by this section is void. (5) Nothing in this section prevents a liquidator from disclaiming any land held by the landlord as onerous property. (6) The provisions of this section apply in relation to any existing or future interest of the landlord in rent or other receipts arising from land as they apply to an interest in land.

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