xmlns:atom="http://www.w3.org/2005/Atom" xmlns:atom="http://www.w3.org/2005/Atom"

PART XIVE+W LOANS FOR ACQUISITION OR IMPROVEMENT OF HOUSING

Local authority assistance in connection with mortgagesE+W

443 Local authority contributions to mortgage costs.E+W

(1)A local authority may contribute towards costs incurred by a person in connection with a legal charge which secures, or a proposed legal charge which is intended to secure, a relevant advance made or proposed to be made to him by a building society or recognised body.

(2)The contribution shall not exceed such amount as may be specified by order of the Secretary of State.

(3)An order shall be made by statutory instrument which shall be subject to annulment in pursuance of a resolution of either House of Parliament.

Modifications etc. (not altering text)