Councils have warned that deregulation proposals would
prevent them holding stock transfer associations to account and make future
stock transfers less attractive to tenants. The government tabled an amendment
to the Housing and Planning Bill which would allow the secretary of state to
limit or remove the ability of councils to “exert influence” over large scale
voluntary transfer (LSVT) associations.
This includes giving housing associations the power to remove board
members appointed by a council and removing local authorities’ ability to
appoint or remove board members to stock transfer association boards. Several
councils have hit out at the plans. Read more on Inside Housing.
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