§ `(1) At the end of subsection (4) of section 34 of the Housing Act 1985 (consent to disposals of land held for the purposes of Part II—provision of housing accommodation) and at the end of subsection (4) of section 43 of that Act (consent for certain disposals of other houses) there shall he inserted the subsections set out in subsection (2) below.
§
(2) The subsections referred to in subsection (1) above and subsection (3) below are as follows—
(4A) The matters to which the Secretary of State may have regard in determining whether to give consent and, if so, to what conditions consent should be subject shall include—
(4B) Where the Secretary of State gives consent to a disposal by a local authority, he may give directions as to the purpose for which any capital money received by the authority in respect of the disposal is to be applied and, where any such directions are given, nothing in any enactment shall
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require his consent to be given for the application of the capital money concerned in accordance with the directions.
§ (3) Section 13 of the Housing (Scotland) Act 1987 (power of Secretary of State to impose conditions in sale of local authority houses) shall be renumbered as subsection (1) of that section and after that subsection there shall be inserted as subsections (2) and (3) the subsections which are set out in subsection (2) above and there numbered (4A) and (4B).
§ (4) In section 153 of the Local Government Act 1972 (application of capital money on disposal of land), in subsection (1) after the words "127(4) above" there shall be be inserted "to any directions given in respect of the disposal under section 43(4B) of the Housing Act 1985".
§ (5) In section 430 of the Housing Act 1985 (application of capital money received on disposal of land), in subsection (1) after the word "applied", in the first place where it occurs, there shall be inserted "in accordance with any directions given in respect of the disposal under section 34(4B) or section 43(4B) and, subject thereto".
§ (6) In section 208 of the Housing (Scotland) Act 1987 (application of receipts from disposal of certain land), in subsection (2) there shall be inserted at the end the words "or has made directions under section 13(3)".
§ (7) In section 26 of the Local Government Act 1988 (provisions as to consents under section 25 for provision of financial assistance etc.), in subsection (5) (which excludes consent under various enactments where consent is given to a disposal of land under section 25) after the words "such a consent" there shall be inserted "then, if the consent given for the purposes of section 25 above so provides".
§ (8) This section shall be deemed to have come into force on 9th June 1988.'.—[Mr. Ridley.]
§ Brought up, read the First and Second time, and added to the Bill.