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The Housing (Right to Buy) (Limits of Discount) (Amendment) (Wales) Order 2003

W.S.I. 2003/803 · Made 19 March 2003

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, WALES

Made 19th March 2003

Coming into force 2nd April 2003

The National Assembly for Wales makes the following Order in exercise of the power given to the Secretary of State by section 131(2) of the Housing Act 1985f1 which is now vested in the National Assembly for Wales so far as exercisable in Walesf2:

Annotations to the whole text

Footnotes

f1

1985 c. 68.

f2

See article 2 of and Schedule 1 to the National Assembly for Wales (Transfer of Functions) Order 1999 (S.I. 1999/672).

Contents

  1. 1Name, commencement and application
  2. 2Interpretation
  3. 3Amendment to the Housing (Right to Buy) (Limits on Discount) (Wales) Order 1999
  4. Signature
  5. Explanatory note

1Name, commencement and application

(1)

The name of this Order is the Housing (Right to Buy) (Limits of Discount) (Amendment) (Wales) Order 2003 and it comes into force on 2nd April 2003.

(2)

This Order applies to Wales only.

2Interpretation

In this Order a reference to the “Principal Order” is a reference to the Housing (Right to Buy)(Limits on Discount)(Wales) Order 1999f1.

3Amendment to the Housing (Right to Buy) (Limits on Discount) (Wales) Order 1999

In article 3 (Maximum discounts) of the Principal Order the figure “£24,000” is replaced with the figure “£16,000”.

Signature

Signed on behalf of the National Assembly for Wales under section 66(1) of the Government of Wales Act 1998f1

D.Elis-Thomas

The Presiding Officer of the National Assembly

19th March 2003

Explanatory note

(This note is not part of the Order)

A person exercising the right to buy a dwelling-house in Wales under Part V of the Housing Act 1985 (“the Act”) may be entitled, under sections 129 to 131 of and Schedule 4 to the Act, to a discount equal to a percentage of the price before discount.

Section 131 of the Act provides limits upon the amount of discount to which the proposed purchaser is entitled and section 131(2) empowers the Secretary of State to make an Order prescribing the maximum sum by which the price payable for a dwelling house under the right to buy scheme may be reduced by discount. The powers given to the Secretary of State by section 131 of the Act are now vested in the National Assembly for Wales so far as exercisable in Wales.

Under section 131(2), the Secretary of State made the Housing (Right to Buy) (Limits on Discount) (Wales) Order 1999 (“the Principal Order”) which prescribed, amongst other matters, that this maximum discount was £24,000. This Order amends the Principal Order by providing that the maximum discount available is £16,000.