Paragraph 14

In section 132 (the right to a mortgage) for subsection (1) substitute —

“(1)

A secure tenant who has the right to buy has the right, subject to the following provisions of this Part, to have the whole or part of the aggregate amount mentioned in section 133(1) advanced to him, on the security of a first mortgage of the dwelling-house, by the freeholder or if the freeholder is a housing association by the Housing Corporation; and in this Act that right is referred to as “the right to a mortgage”.”.