Statutory Instruments
HOUSING, ENGLAND AND WALES
Made
6th December 1989
Coming into force
9th December 1989
The Secretary of State, in exercise of the powers conferred on him by section 447(2) of the Housing Act 1985(1) 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. 3) Order 1989 and shall come into force on 9th December 1989.
2. The following bodies are hereby added to the list in section 447(1) of the Housing Act 1985:
(a)Halifax Loans Limited
(b)BNP Mortgages Limited.
Chris Patten
One of Her Majesty’s Principal Secretaries of State
4th December 1989
We consent,
John Taylor
Tom Sackville
Two of the Lords Commissioners of Her Majesty’s Treasury
6th December 1989
(This note is not part of the Order)
This Order adds two 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).