Creating an ALMO would not, however, qualify the councilfor Treasury funding to redeem residual housing debt which is available to councilsthat transfer ownership of their housing to a Registered Social Landlord.The consent of the Scottish ministers is required under section 92(5) of the Housing (Scotland) Act2001 should a local authority wish to provide assistance, including financial assistance,to a person or company managing housing and that assistance is carried to the debitof their housing revenue account.