# The Local Authorities (Disposal of Mortgages) Regulations 1986, Regulation 2: Interpretation


In these regulations—
“the Act” means the Local Government Act 1986;
“intended transferee” means the person to whom a local authority intend to dispose of their interest as mortgagee of any land; and
“prospective disposal” means the prospective disposal by a local authority to the intended transferee.

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Source: https://www.legislation.gov.uk/uksi/1986/1028/regulation/2 (the official version)
Page: https://openlegislation.uk/local-authorities-disposal-of-mortgages-regulations-1986/regulation-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.