The Home Purchase Assistance (Recognised Lending Institutions) (No. 2) Order 1989

Type Statutory-Instrument
Publication 1989-11-13
State In force
Department Queen's Printer of Acts of Parliament
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Made: 13th November 1989

Coming into force: 4th December 1989

The Secretary of State, in exercise of the powers conferred on him by section 447(2) of the Housing Act 1985[^f00001] 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 Home Purchase Assistance (Recognised Lending Institutions) (No. 2) Order 1989 and shall come into force on 4th December 1989.

2

The following bodies are hereby added to the list in section 447(1) of the Housing Act 1985:

Signed

Chris Patten — One of Her Majesty’s Principal Secretaries of State — 8th November 1989

We consent,

John Taylor — Stephen Dorrell — Two of the Lords Commissioners of Her Majesty’s Treasury — 13th November 1989

Explanatory note

(This note is not part of the Order)

This Order adds four additional bodies to the list in section 447(1) of the Housing Act 1985. (Other bodies have been added to this list by previous orders). Bodies which are so listed are lending institutions recognised for the purposes of section 445 (assistance for first-time buyers) of the Act and may receive advances from the Secretary of State under that section to enable them to provide assistance to first-time purchasers of house property (the “Homeloan” Scheme).

Footnotes

[^f00001]: 1985 c. 68.

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