HOUSING ACT 2003 - SECT 37H
Community housing assets to be transferred if registration cancelled
HOUSING ACT 2003 - SECT 37H
Community housing assets to be transferred if registration cancelled
37H Community housing assets to be transferred if registration cancelled
(1) This section applies if—
(a) a registered provider intends to apply for
cancellation of the provider’s registration; or
(b) the registrar cancels
the registration of a registered provider under section 37G(4) .
(2) If the
registered provider is a national provider, the provider must take all
reasonable steps to ensure that on or before the relevant day for the
provider, the provider transfers each of its national community housing assets
to—
(a) if the asset is located in this jurisdiction—
(i) the chief
executive; or
(ii) if another entity is prescribed—the prescribed entity;
or
(iii) if the chief executive consents in writing—another national
provider or state provider; or
(b) if the asset is located in another
participating jurisdiction—
(i) the housing agency of that jurisdiction; or
(ii) if the corresponding law of that jurisdiction prescribes another
entity—the prescribed entity.
(3) If the registered provider is a state
provider, the provider must take all reasonable steps to ensure that on or
before the relevant day for the provider, the provider transfers each of its
state community housing assets to—
(a) the chief executive; or
(b) if
another entity is prescribed—the prescribed entity; or
(c) if the chief
executive consents in writing—another national provider or state provider.
(4) If the chief executive consents under subsection (2) (a) (iii) or (3) (c)
to the transfer of a community housing asset to another national provider or
state provider—
(a) the chief executive may impose conditions on the consent
that the chief executive considers appropriate; and
(b) if the chief
executive imposes conditions—the national provider or the state provider
transferring the community housing asset must comply with the conditions when
the provider is transferring the asset.
(5) If a registered provider fails to
comply with subsection (2) , (3) or (4) , the provider is taken to have
contravened each funding agreement to which the provider is a party.
(6) In
this section—
"relevant day" , for a registered provider, means—
(a) for a registered
provider intending to apply for cancellation of the provider’s
registration—
(i) the day before the provider applies for cancellation; or
(ii) if, before the provider applies for the cancellation, the registrar and
the provider agree in writing that a stated day will be the relevant day for
the provider—the stated day; or
(b) for a registered provider whose
registration is cancelled under section 37G(4) —
(i) the day that is 6
months after the day on which the provider receives the notice under
section 64of the cancellation; or
(ii) if, before the day mentioned in
subparagraph (i) , the registrar and the provider agree in writing that a
stated day will be the relevant day for the provider—the stated day.