Government of Wales Act 1998 (c. 38)

SCHEDULES

SCHEDULE 16 U.K. Housing for Wales

Commencement Information

I1 Sch. 16 in force at 1.11.1998 by S.I. 1998/2244, art. 5

The Housing Associations Act 1985 (c.69) U.K.

35 (1) Section 79 (lending powers) is amended as follows. U.K.

(2) For subsections (1) and (2) substitute—

“(1) The Relevant Authority may lend to a registered social landlord or an unregistered self-build society, and the Housing Corporation may lend to any of its subsidiaries or to any other body in which it holds an interest, for the purpose of enabling the body to meet the whole or part of expenditure incurred or to be incurred by it in carrying out its objects.

(2) The Relevant Authority may lend to an individual for the purpose of enabling him to acquire from—

(a) the Relevant Authority, or

(b) any body to which the Relevant Authority may lend under subsection (1),

a legal estate or interest in a dwelling which he intends to occupy.”

(3) [F1 In subsection (4), after “and” insert “ (in the case of a loan by the Housing Corporation) ”.]

Textual Amendments

F1 Sch. 16 para. 35(3) repealed (E.W.) (1.4.2010) by The Housing and Regeneration Act 2008 (Consequential Provisions) Order 2010 (S.I. 2010/866), arts. 3(2), 7, Sch. 4 (with art. 6 Sch. 3)