The Secretary of State may delegate to the Housing Corporation, to such extent and subject to such conditions as he may specify, any of his functions , so far as they relate to English registered social landlords, under—
section 54 . . . above;
sections 53 (recoupment of surplus rental income), 54 to 57 (deficit grants) and 62 (grants for affording tax relief) of the 1985 Act, so far as continuing in force after the passing of this Act; and
Parts I and II of Schedule 5 to the 1985 Act (residual subsidies);
and where he does so, references to him in those provisions shall be construed accordingly.