Article 2 Amendment

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

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 1985^f2, as it applies by virtue of regulation 2(1) of the Housing (Right to Acquire) Regulations 1997^f3, the amount of discount shall be 50% of the value so determined of the dwelling house.”.