{
  "url": "https://openlegislation.uk/london-government-reorganisation-housing-association-mortgages-no-2-order-1987/article-2",
  "json_url": "https://openlegislation.uk/london-government-reorganisation-housing-association-mortgages-no-2-order-1987/article-2.json",
  "legislation": "uksi/1987/2219",
  "legislation_title": "The London Government Reorganisation (Housing Association Mortgages) (No. 2) Order 1987",
  "legislation_url": "https://openlegislation.uk/london-government-reorganisation-housing-association-mortgages-no-2-order-1987",
  "path": "article/2",
  "kind": "article",
  "number": "2",
  "heading": "Transfer of housing association mortgages",
  "text": "(1) This article applies to any mortgage granted by a housing association to secure a loan by the Greater London Council.\n(2) Subject to articles 3 and 4, all rights and liabilities of the London Residuary Body in respect of any mortgage to which this article applies shall on the transfer date vest in the relevant council on the terms mentioned in paragraph (3).\n(3) In relation to any mortgage to which this article applies, the relevant council shall pay to the London Residuary Body a sum equal to the aggregate of all amounts outstanding by way of principal and interest in respect of advances made to the association by the Greater London Council.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1987/2219/article/2",
    "retrieved_at": "2026-10-29T16:14:18.102464+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}