§ 25.—(1) In section 63 (building society advances) for the words "the Housing Corporation", in each place where they occur in subsections (1) and (2), there shall be substituted "one of the Corporations" and in subsection (1)(b) for the words "the Corporation" there shall be substituted "that one of the Corporations which is concerned".
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(2) After subsection (2) of that section there shall be inserted the following subsection—
(2A) In this section "the Corporations" means the Housing Corporation and Housing for Wales".
§ 26.—(1) In section 69 (power to vary or terminate certain agreements) at the end of subsection (1)(a) there shall be added "(including such an agreement under which rights and obligations have been transferred to Housing for Wales)".
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2. After subsection (2) of that section there shall be inserted the following subsection—
(2A) In the case of an agreement under which rights and obligations have been transferred to Housing for Wales, the reference to a party to the agreement includes a reference to Housing for Wales.".
§ 27. In section 69A (land subject to housing management agreement) for the words "housing association grant, revenue deficit grant or hostel deficit grant" there shall be substituted "grant under section 45 (housing association grant) or section 46 (revenue deficit grant) of the Housing Act 1988".
§ 28.—(1) In Part I of Schedule 5 (residual subsidies)—
- (a) in paragraph 5(3) the words "at such times and in such places as the Treasury may direct" and "with the approval of the Treasury" shall be omitted; and
- (b) at the end of paragraph 6(2)(b) there shall be added "or Housing for Wales".
§ (2) In Part II of that Schedule, in paragraph 5(3) the words "at such times and in such places as the Treasury may direct" and "with the approval of the Treasury" shall be omitted.