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The Housing (Right to Acquire) (Discount) (Amendment) Order 1999

S.I. 1999/3028 · Made 8 November 1999

Original text. legislation.gov.uk does not revise statutory instruments, so later amendments are not shown here. Changes made to it are listed under each provision when known.

HOUSING, ENGLAND

Made 8th November 1999

Laid before Parliament 11th November 1999

Coming into force 2nd December 1999

The Secretary of State for the Environment, Transport and the Regions, in exercise of the powers conferred upon him by sections 17(1)(a) and (5) of the Housing Act 1996f1 and all other powers enabling him in that behalf hereby makes the following Order:—

Annotations to the whole text

Footnotes

f1

1996 c. 52.

Contents

  1. 1Citation and commencement
  2. 2Amendment
  3. 3Application
  4. Signature
  5. Explanatory note

1Citation and commencement

This Order may be cited as the Housing (Right to Acquire) (Discount) (Amendment) Order 1999 and shall come into force on 2nd December 1999.

2Amendment

In article 2 of the Housing (Right to Acquire) (Discount) Order 1999f1—

(a)

at the beginning there shall be inserted “—(1) Subject to paragraph (2)”;

(b)

at the end there shall be added—

“(2)

Where the amount of discount under paragraph (1) is greater than 50% of the value of the dwelling house at the relevant time determined in accordance with section 127 of the Housing Act 1985f2, as it applies by virtue of regulation 2(1) of the Housing (Right to Acquire) Regulations 1997f3, the amount of discount shall be 50% of the value so determined of the dwelling house.”.

3Application

This Order does not apply in a case where a notice has been served claiming to exercise the right to acquire before this Order comes into force.

Signature

Signed by authority of the Secretary of State for the Environment, Transport and the Regions

Nick Raynsford

Minister of State

Department of the Environment, Transport and the Regions

8th November 1999

Explanatory note

(This note is not part of the Order)

This Order amends article 2 of the Housing (Right to Acquire) (Discount) Order 1999 which sets the amount of discount given to tenants purchasing their homes under sections 16 and 17 of the Housing Act 1996 (the right to acquire). The Order provides that the maximum discount a tenant may receive is 50% of the market value of the dwelling house.