Housing and Regeneration Bill
Iain Wright (Parliamentary Under-Secretary, Department for Communities and Local Government; Hartlepool, Labour)
This is another technical amendment that permits the regulator to transfer the land of a non-profit registered provider. This is an existing power used only in the most serious cases following an inquiry. The amendment makes it clear that, if the regulator transfers land on the basis that it would be better managed by someone else, it must take into account not only whether the social housing will be better managed but, if land other than social housing is being transferred, whether that land would be better managed too. It seeks to make the land transfer power effective by allowing for the transfer of all the land and therefore the business of the failing provider. I hope that hon. Members will accept the amendment.