Chapter TSEM5740

Published date02 May 2016
Record NumberTSEM5740

Registered Social Landlords (RSLs) are, in England and Wales, independent, private sector, non-profit making bodies whose main purpose is to provide decent quality, affordable housing for people on low incomes. About three-quarters of them are charities.

Section 42 LTA 1987 does not apply to tenants of ‘exempt landlords’ (Section 42(1) LTA 1987). In accordance with Section 58(1)(g) LTA 1987 a RSL is an exempt landlord. There are other exempt landlords defined in Section 58(1) and (1A) LTA 1987 such as district councils and certain development corporations. See TSEM5745 where Section 58(1) and (1A) LTA 1987 is reproduced.

Whilst Section 42 LTA 1987 does not apply to RSLs and other exempt landlords, the terms under which sinking funds...

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