Article 4 Amendment of Schedule 4A to the 1998 Order having effect from 1st April 2012

before the definition of “dwelling” insert—

• ““Affordable Rent” means the rent payable to an authority in respect of a tenancy of a dwelling where the rent is set on the same basis as would have been case if the amount of rent were subject to a standard set by the Regulator of Social Housing under section 194 of the Housing and Regeneration Act 2008^f2 (which requires the initial rent to be set at no more than 80% of local market rent (including service charges));

• “Affordable Rent dwelling” means a dwelling which the authority has let on a tenancy for which it charges an Affordable Rent, and in relation to which either of the following applies—

  1. (a)

     the authority has entered into an agreement with a relevant party that the dwelling is one for which the authority will charge an Affordable Rent; or

  2. (b)

     the authority has received a written notice from a relevant party that the dwelling is one for which the authority charges an Affordable Rent;”; and

after the definition of “new service” insert—

• ““relevant party” means—

  1. (a)

     the Homes and Communities Agency;

  2. (b)

     the Greater London Authority; or

  3. (c)

     the Secretary of State;”.