LegalizeThe Home Purchase Assistance (Recognised Lending Institutions) Order 1989
Made: 6th June 1989
Coming into force: 28th June 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) Order 1989 and shall come into force on 28th June 1989.
2
Mortgage Express Ltd is hereby added to the list in section 447(1) of the Housing Act 1985.
Signed
Nicholas Ridley — One of Her Majesty’s Principal Secretaries of State — 30th May 1989
We consent,
Stephen Dorrell — David Lightbown — Two of the Lords Commissioners of Her Majesty’s Treasury — 6th June 1989
Explanatory note
(This note is not part of the Order)
This Order adds an additional body 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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