53.— (1) Where, subject to the conditions specified in section 51 (2) continuing to be satisfied and having regard to the views of the tenants concerned expressed at information meetings or otherwise under section 52 (3), the F51[chief executive] decides to proceed with the proposal to designate the apartment complex, the F51[chief executive] shall submit the draft proposal to the members of the housing authority with or without such modifications as the F51[chief executive] considers appropriate.

(2) Where the F51[chief executive] decides not to proceed with the proposal to designate an apartment complex—

(a) because any condition specified in section 51 (2) is no longer satisfied,

(b) having regard to the views of the tenants concerned expressed at information meetings or otherwise under section 52 (3), or

(c) for any other reason,

the F51[chief executive] shall advise the tenants concerned and the members of the housing authority of his or her decision and the reasons for that decision.

(3) The housing authority may, with or without modification, adopt the draft proposal, submitted to it under subsection (1), to designate the apartment complex (in this Part referred to as a “section 53 proposal”).

(4) The adoption under this section of a section 53 proposal is a reserved function.