MRAssociates — Glossary
Housing Association
Regulation 2 of the Housing Benefit Regulations 2006 (SI 2006/213)
This version in force from 2006 to the present
- “housing association” has the meaning assigned to it by section 1(1) of the Housing Associations Act 1985
And from that Act:
This version in force from 7 April 2008 to the present
In this Act “housing association” means a society, body of trustees or company -
which is established for the purpose of, or amongst whose objects or powers are included those of, providing, constructing, improving or managing, or facilitating or encouraging the construction or improvement of, housing accommodation, and
- which does not trade for profit or whose constitution or rules prohibit the issue of capital with interest or dividend exceeding such rate as may be prescribed by the Treasury, whether with or without differentiation as between share and loan capital but does not include Scottish Homes.