(1) This Order may be cited as the Housing (Right to Buy) (Priority of Charges) (Wales) Order 2000 and shall come into force on 20th January 2000.
(2) This Order applies to Wales only.
Specified date: 20 January 2000: see para (1) above.
The following bodies are specified as approved lending institutions for the purposes of section 156 of the Housing Act 1985 (priority of charges)—
(a) Mortgages 1 Limited — Company No 3186649
(b) Mortgages 2 Limited — Company No 3587558
(c) Mortgages 4 Limited — Company No 3695068
Specified date: 20 January 2000: see art 1(1).
Signed on behalf of the National Assembly for Wales under section 66(1) of the Government of Wales Act 1998
Dafydd Elis Thomas
Presiding Officer of the National Assembly
19th January 2000
This Order specifies three 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 previous orders.
Such bodies also become approved lending institutions for the purposes of section 36 of the 1985 Act (priority of charges on voluntary disposals by local authorities) and section 12 of the Housing Act 1996 (priority of charges on voluntary disposals by registered social landlords).
In addition, as section 156 of the Housing Act 1985 is applied by section 171A of that Act to cases in which a tenant's right to buy is preserved and by section 17 of the Housing Act 1996 to cases in which a tenant has the right to acquire under section 16 of that Act, the specified bodies become approved lending institutions for the purposes of those rights.
