The Welsh Ministers may by order provide that provisions of this Chapter specified in the order are not to apply to registered social landlords that are wholly controlled local authority subsidiaries.
A registered social landlord is a wholly controlled local authority subsidiary if—
A person is within this subsection if the person is—
The conditions are—
The conditions are—
For the purposes of subsection (3)(b), a company or registered society is a subsidiary of a local authority if one or more of the conditions in subsection (4) (in the case of a company) or subsection (5) (in the case of a registered society) is met.
The Welsh Ministers may by order make provision for a registered social landlord of a description specified in the order to be treated as being a wholly controlled local authority subsidiary for the purposes of this section and any order made under it.
An order under this section is to be made by statutory instrument subject to annulment in pursuance of a resolution of the National Assembly for Wales.