# The Housing (Right to Buy) (Priority of Charges) Order 1994

S.I. 1994/1762 · made 1 July 1994

This Order specifies eight additional 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 other Orders). Such bodies are also approved lending institutions for the purposes of section 36 of that Act (priority of charges on voluntary disposals by local authorities) and paragraph 2 of Schedule 2 to the Housing Associations Act 1985 (priority of charges on voluntary diposals by housing associations).

Made under: Housing Act 1985 (Section 156)

## Introductory text

HOUSING, ENGLAND AND WALES
Made 1st July 1994
Coming into force 22nd July 1994
The Secretary of State, in exercise of the powers conferred on him by section 156(4) of the Housing Act 1985 and of all other powers enabling him in that behalf, with the consent of the Treasury and in accordance with representations made by Barshelfco (No. 15) Limited, hereby makes the following Order–

## 1 Citation and Commencement

This Order may be cited as the Housing (Right to Buy) (Priority of Charges) Order 1994 and shall come into force on 22nd July 1994.

## 2 Specified Bodies

The following bodies are hereby specified as approved lending institutions for the purposes of section 156 of the Housing Act 1985 (priority of charges)–
(a) Alliance & Leicester Mortgage Loans (No. 2) Limited;
(b) Alliance & Leicester Mortgage Loans (No. 3) Limited;
(c) Alliance & Leicester Mortgage Loans (No. 4) Limited;
(d) Britannia Mortgage Company Number One Limited;
(e) Britannia Mortgage Company Number Two Limited;
(f) Collateralised Mortgage Securities (No. 16) PLC;
(g) Saffron Walden Mortgage Services Limited;
(h) Stroud and Swindon Mortgage Company (No. 2) Limited.

## 3 Variation of previous Order

The words “(a) Barshelfco (No. 15) Limited” shall be omitted from article 2 of the Housing (Right to Buy) (Priority of Charges) (No. 2) Order 1991.

## Signature

Signed by authority of the Secretary of State
G. S. K. Young
Minister of State,
Department of the Environment
28th June 1994
We consent,
Tim Wood
Tim Kirkhope
Two of the Lords Commissioners of Her Majesty’s Treasury
1st July 1994

## Explanatory note

(This note is not part of the Order)
This Order specifies eight additional 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 other Orders). Such bodies are also approved lending institutions for the purposes of section 36 of that Act (priority of charges on voluntary disposals by local authorities) and paragraph 2 of Schedule 2 to the Housing Associations Act 1985 (priority of charges on voluntary diposals by housing associations).
The Order also omits Barshelfco (No. 15) Limited, at its request, from a list of bodies specified as approved lending institutions by a previous Order.

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Source: https://www.legislation.gov.uk/uksi/1994/1762 (the official version)
Page: https://openlegislation.uk/housing-right-to-buy-priority-of-charges-order-1994
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.