# The Housing (Right to Buy) (Priority of Charges) (England) (No.2) Order 2005

S.I. 2005/407 · made 28 February 2005

This Order specifies Money Partners Limited and Money Partners Finance Limited (“the Companies”) as approved lending institutions for the purposes of section 156 of the Housing Act 1985 (priority of charges on disposals under the right to buy), in addition to the bodies already specified in that section or in previous orders under that section. The Companies also become approved lending institutions for the purposes of section 36 of the 1985 Act (priority of charges on voluntary disposals by local authorities) and section 12 of the Housing Act 1996 (priority of charges on voluntary disposals by registered social landlords).

Made under: Housing Act 1985 (Section 156)

PDFs: Printed copy https://openlegislation.uk/housing-right-to-buy-priority-of-charges-england-no2-order-2005/pdf/uksi_20050407_en.pdf

## Introductory text

HOUSING, ENGLAND
Made 28th February 2005
Coming into force 7th March 2005
The First Secretary of State, in exercise of the powers conferred upon him by section 156(4) of the Housing Act 1985, hereby makes the following Order:

## 1 Citation, commencement and application

(1) This Order may be cited as the Housing (Right to Buy) (Priority of Charges) (England) (No.2) Order 2005 and shall come into force on 7th March 2005.
(2) This Order applies in England only.

## 2 Specified bodies

Money Partners Limited (Company No. 4992438) and Money Partners Finance Limited (Company No. 4992856) are hereby specified as approved lending institutions for the purposes of section 156 of the Housing Act 1985 (priority of charges).

## Signature

Signed by authority of the First Secretary of State
Keith Hill
Minister of State, Office of the Deputy Prime Minister
28th February 2005

## Explanatory note

(This note is not part of the Order)
This Order specifies Money Partners Limited and Money Partners Finance Limited (“the Companies”) as approved lending institutions for the purposes of section 156 of the Housing Act 1985 (priority of charges on disposals under the right to buy), in addition to the bodies already specified in that section or in previous orders under that section. The Companies also become approved lending institutions for the purposes of section 36 of the 1985 Act (priority of charges on voluntary disposals by local authorities) and section 12 of the Housing Act 1996 (priority of charges on voluntary disposals by registered social landlords).
As section 156 of the Housing Act 1985 is applied by section 171A of that Act (inserted by section 8 of the Housing and Planning Act 1986) to cases in which a tenant’s right to buy is preserved, and by section 17 of the Housing Act 1996 to cases in which a tenant has the right to acquire under section 16 of that Act, the Companies are also approved lending institutions for the purposes of those rights.

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Source: https://www.legislation.gov.uk/uksi/2005/407 (the official version)
Page: https://openlegislation.uk/housing-right-to-buy-priority-of-charges-england-no2-order-2005
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.