Regulation 19 Application
This Part of these regulations applies where—
a mortgagor of a defective dwelling is eligible for assistance under Part XVI of the Act in respect of the dwelling, and
a power of sale (whether conferred by section 101 of the Law of Property Act 1925 or otherwise) is exercisable by the mortgagee, and
the mortgagee becomes mortgagee in possession of the defective dwelling, and
the mortgagee is the purchasing authority,
but does not apply where section 452 (vesting of house in authority entitled to exercise power of sale) applies.
Where a mortgagee is a mortgagee in possession on the date on which these regulations come into operation he shall for the purpose of the regulations be treated as if he became the mortgagee in possession on that date.