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The Housing (Right to Acquire) (Discount) Order 2000
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- 2000 No. 1622
- Explanatory Note
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Explanatory Note
(This note is not part of the Order)
This Order specifies for local authority areas in England the amount of discount for the purposes of section 17 of the Housing Act 1996 (the right to acquire). Tenants of registered social landlords who have a right to acquire their homes under sections 16 and 17 of the 1996 Act are able to do so with a discount from the purchase price. The amount of the discount varies according to the area in which the dwelling is situated. However, in any event the maximum discount a tenant may receive is limited by this Order to 50% of the market value of the dwelling.
The Order replaces the Housing (Right to Acquire) (Discount) Order 1999, as amended, and in doing so changes the amount of discount payable in 43 local authority areas.
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