Explanatory note
This Order brings into operation on 1st September 1975 those provisions of the Housing Act 1974 which—
(i) introduce certain new conditions for option mortgage subsidy under Part II of the Housing Subsidies Act 1967 (c.29);
(ii) make transitional provisions for existing option mortgages; and
(iii) make a consequential amendment to the Magistrates' Courts Act 1952 (c.55).