Paragraph 6 Other provisions
The amendments made by paragraphs 22 and 24 of Schedule 1 to this Order do not apply in relation to any loans which—
were made by the Housing Corporation by virtue of section 450B of the Housing Act 1985f1 before the commencement date; and
are outstanding or otherwise in force or effective on that date.
Section 450B of that Act (and any regulations made under it) continue to apply in relation to such loans without the amendments made by paragraphs 22 and 24 of Schedule 1 to this Order but as if references (however expressed) to the Housing Corporation were references to the HCA.
Paragraph 5 above applies to functions transferred by sub-paragraph (2) above as it applies to the functions transferred to the HCA as mentioned in sub-paragraphs (1) and (2) of paragraph 5.
Annotations
Footnotes
- f1
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Sections 450B was inserted by section 5 of the Housing and Planning Act 1986 and was amended by Schedule 16 to the Government of Wales Act 1998. The Housing (Service Charge Loans) Regulations 1992 (No. 1708) were made under the power in section 450B and were amended by S.I. 2000/1963.