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The Housing (Right to Buy) (Priority of Charges) (England) Order 1999

S.I. 1999/2919 · Made 26 October 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 26th October 1999

Coming into force 16th November 1999

The Secretary of State for the Environment, Transport and the Regions, in exercise of the powers conferred on him by section 156(4) of the Housing Act 1985f1, hereby makes the following Order—

Annotations to the whole text

Footnotes

f1

1985 c. 68; section 156(4) was amended by the Housing Act 1988 (c. 50), Schedule 17, paragraph 106 and by Part XIII of Schedule 19 to the Housing Act 1996 (c. 52). The Secretary of State’s functions under section 156, so far as exercisable in relation to Wales, were transferred to the National Assembly for Wales by S.I. 1999/672, Article 2 and Schedule 1.

Contents

  1. 1Citation, commencement and extent
  2. 2Specified Bodies
  3. Signature
  4. Explanatory note

1Citation, commencement and extent

(1)

This Order may be cited as the Housing (Right to Buy) (Priority of Charges) (England) Order 1999 and shall come into force on 16th November 1999.

(2)

This Order extends to England only.

2Specified Bodies

The following bodies are hereby specified as approved lending institutions for the purposes of section 156f1 of the Housing Act 1985 (priority of charges)—

(a)

Mortgages 1 Limited—Company No. 3186649

(b)

Mortgages 2 Limited—Company No. 3587558

(c)

Mortgages 4 Limited—Company No. 3695068

Signature

Signed by authority of the Secretary of Statefor the Environment, Transport and the Regions

Nick Raynsford

Minister of State

Department of the Environment, Transport and the Regions

26th October 1999

Explanatory note

(This note is not part of the Order)

This Order specifies three bodies 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). Other bodies have been specified by previous orders. Such bodies hereby 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 for cases in which a tenant’s right to buy is preserved and by section 17 of the Housing Act 1996 for cases in which a tenant has the right to acquire under section 16 of the 1996 Act, the specified bodies are also approved lending institutions for the purposes of those rights.