This document establishes the legal framework and procedural requirements for the transfer of housing stock within designated New Towns in Great Britain. The regulations were issued by the government to amend existing statutory instruments governing the management and divestment of public housing assets. It provides the specific legal authority and administrative conditions under which housing authorities must operate during the transition of property ownership.

Legal professionals and policy researchers utilize this text as a primary source for understanding the specific legislative changes enacted in 1990. Readers frequently note the technical density of the prose, which is written in formal statutory language intended for administrative compliance.