24Instructions to community housing provider in relation to land in which Housing Agency has an interest

#### 24 Instructions to community housing provider in relation to land in which Housing Agency has an interest 24 Instructions to community housing provider in relation to land in which Housing Agency has an interest > > (1) A Housing Agency may take action under this section in respect of a community housing provider that holds land in which the Housing Agency has an interest if: > > > > > (a) the provider’s registration under the Community Housing Providers National Law (as applied by a participating jurisdiction) is cancelled, or > > > > > (b) the provider has become insolvent, or > > > > > (c) the land was vested in or transferred to the provider by order under this Part or in accordance with an instruction given under this Part and the provider failed to enter into a community housing agreement with the Housing Agency with respect to the land before the expiration of the period of 40 days after that vesting or transfer or the expiration of such other period as may be prescribed by the regulations. > > > (2) The Housing Agency may give instructions to a community housing provider or an officer of a community housing provider requiring: > > > > > (a) the transfer of land in which the Housing Agency has an interest so that it vests in the Housing Agency or in a specified registered community housing provider, or > > > > > (b) that a term or condition of a community housing agreement that is binding on the community housing provider be complied with. > > > (3) A community housing provider or officer of a community housing provider to whom an instruction is given under this section must comply with the instruction. > > > (4) Before giving an instruction under this section, a Housing Agency is to have regard to the following matters: > > > > > (a) the interests of any tenants of the community housing provider who may be affected, > > > > > (b) the interests of any creditors of the community housing provider who may be affected. > > > (5) This section applies to land in which a Housing Agency has an interest only if the interest has been recorded under section 18 (3).