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In section 2 of the Housing (Scotland) Act 1988, after subsection (7) insert—
(7A) Without prejudice to the power of the Secretary of State to give directions under subsection (10) below, the Secretary of State may direct Scottish Homes to assign or otherwise transfer to another person, on terms approved by the Secretary of State, all or any of its rights and obligations in relation to any loan or related security; and it shall be the duty of Scottish Homes to comply with any such direction.
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(7B) A direction under subsection (7A) above may be varied or revoked by a subsequent direction given by the Secretary of State.".
No. 138, in page 131, line 35, at end insert—