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7In this Part of this Schedule—
(a)"authority" means the person acquiring an interest in a defective dwellings under an agreement entered into in pursuance of section 6 of this Act;
" interest acquired " means the interest in the dwelling concerned of which the vendor disposes under such an agreement ;
" purchase price " means the price which such an agreement requires the authority to pay for the interest acquired ; and
"vendor" means the person with whom the authority enter into such an agreement; and
(b)references to a charge—
(i)include a mortgage or lien, but
(ii)do not include a rentcharge within the meaning of the [1977 c. 30.] Rentcharges Act 1977.
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