Statutory Instruments
HOUSING, ENGLAND AND WALES
Made
26th September 1996
Coming into force
17th October 1996
The Secretary of State, in exercise of the powers conferred on him by section 156(4) of the Housing Act 1985(1) and of all other powers enabling him in that behalf, and with the consent of the Treasury, hereby makes the following Order—
1. This Order may be cited as the Housing (Right to Buy) (Priority of Charges) Order 1996 and shall come into force on 17th October 1996.
2. Leek United Home Loans Limited is hereby specified as an approved lending institution for the purposes of section 156(2) of the Housing Act 1985 (priority of charges).
Signed by authority of the Secretary of State
Ferrers
Minister of State,
Department of Environment
24th September 1996
We consent,
Patrick McLoughlin
Bowen Wells
Two of the Lords Commissioners of Her Majesty’s Treasury
26th September 1996
(This note is not part of the Order)
This Order specifies Leek United Home Loans Limited as an approved lending institution 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 are also approved lending institutions for the purposes of section 36 of that Act (priority of charges on voluntary disposals by local authorities) and paragraph 2 of Schedule 2 to the Housing Associations Act 1985 (priority of charbges on voluntary disposals by registered housing associations).
1985 c. 68; section 156(4) was amended by the Housing Act 1988 (c. 50), Schedule 17, paragraph 106.
Section 156 was also amended by the Housing and Planning Act 1986 (c. 63), Schedule 5, paragraph 1(2) and (5) and by section 120(3) and (4) of the Leasehold Reform, Housing and Urban Development Act 1993 (c. 28).