{
  "url": "https://openlegislation.uk/banks-and-building-societies-depositor-preference-and-priorities-order-2014/article-29",
  "json_url": "https://openlegislation.uk/banks-and-building-societies-depositor-preference-and-priorities-order-2014/article-29.json",
  "legislation": "uksi/2014/3486",
  "legislation_title": "The Banks and Building Societies (Depositor Preference and Priorities) Order 2014",
  "legislation_url": "https://openlegislation.uk/banks-and-building-societies-depositor-preference-and-priorities-order-2014",
  "path": "article/29",
  "kind": "article",
  "number": "29",
  "heading": "Housing Act 1996",
  "text": "(1) The Housing Act 1996 is amended as follows.\n(2) In section 44(4) (proposals as to ownership and management of landlord’s land)—\n(a) omit the “or” at the end of paragraph (a);\n(b) after paragraph (a) insert—\n“(aa) an ordinary preferential debt of the landlord is to be paid otherwise than in priority to any secondary preferential debts that the landlord may have,”;\n(c) in paragraph (b), for “his preferential debt” substitute “an ordinary preferential debt”;\n(d) at the end of paragraph (b), insert—\n“or\n(c) a preferential creditor is to be paid a smaller proportion of a secondary preferential debt than another preferential creditor, except with the concurrence of the creditor concerned.”;\n(e) after “references to preferential debts” insert “, ordinary preferential debts, secondary preferential debts”.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Art. 29 in force at 1.1.2015, see art. 1(2)"
    },
    {
      "type": "footnote",
      "label": "f1",
      "text": "1996 c.52. There are amendments to section 44 which are not relevant to this Order."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2014/3486/article/29",
    "retrieved_at": "2026-10-28T23:51:30.393762+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}