The Housing (Preservation of Right to Buy) Regulations 1993

11.  In section 131 (limits on amount of discount)—

(a) for subsection (1)(1) substitute—

“(1) Unless the landlord otherwise agrees—

(a) the discount shall not reduce the price below the amount which, in accordance with Schedule 5A, is to be taken as representing the costs incurred by the landlord in respect of the qualifying dwelling-house and is to be treated as relevant for the purposes of this section;

(b) if the price before discount is below that amount there shall be no discount.”;

(b) omit subsection (1A)(2); and

(c) in subsection (3) omit “or determination”.

(1)

Section 131(1) was amended by section 122(2) of the Housing Act 1988.

(2)

Section 131(1A) was inserted by section 122(3) of the Housing Act 1988.