Government of Wales Act 1998, Paragraph 35 is up to date with all changes known to be in force on or before 06 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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)[F1In subsection (4), after “and” insert “ (in the case of a loan by the Housing Corporation) ”.]
Textual Amendments
F1Sch. 16 para. 35(3) repealed (E.W.) (1.4.2010) by The Housing and Regeneration Act 2008 (Consequential Provisions) Order 2010 (S.I. 2010/866), arts. 3(2), 7, Sch. 4 (with art. 6 Sch. 3)
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