1987 c. 26.

S. 65(5) repealed (30.9.2002) by 2001 asp 10, s. 112, Sch. 10 para. 14(9); S.S.I. 2002/321, art. 2(2), Sch. Table (subject to transitional provisions in arts. 3-5)

http://www.legislation.gov.uk/ukpga/1988/43/section/65/2002-09-30Housing (Scotland) Act 1988An Act to establish a body having functions relating to housing; and, as respects Scotland, to make further provision with respect to houses let on tenancies; to confer on that body and on persons approved for the purpose the right to acquire from public sector landlords certain houses occupied by secure tenants; to make new provision as to the limit on discount on the price of houses purchased by secure tenants; to provide for the making of local authority grants to assist local authority tenants to obtain accommodation otherwise than as such tenants; to abolish, and make interim provision for the capitalisation of, certain subsidies and contributions relating to housing; to make further provision about rent officers and the administration of housing benefit and rent allowance subsidy; to make provision for the disposal of housing land by development corporations; and for connected purposes.1988-11-02texttext/xmlenStatute Law Database2024-06-142002-09-30Part IV Miscellaneous and General
65“Cost floor” limit on discount on price of house purchased by secure tenant.1

In subsection (1) of section 62 of the Housing (Scotland) Act 1987 (purchase price of house being purchased in pursuance of tenant’s right) for the words “subsections (7) and (8)” there shall be substituted the words “subsection (6A)”.

2

For subsections (7) to (9) of that section there shall be substituted the following subsections—

6A

Except where the Secretary of State so determines, the discount for the purpose of subsection (1) shall not reduce the price below the amount which, in accordance with a determination made by him, is to be taken as representing so much of the costs incurred in respect of the house as, in accordance with the determination, is to be treated as—

a

incurred in the period commencing with the beginning of the financial year of the landlord which was current 5 years prior to the date of service of the application to purchase the house or such other period as the Secretary of State may by order provide; and

b

relevant for the purposes of this subsection,

and, if the price before discount is below that amount, there shall be no discount.

6B

An order under subsection (6A) shall be made by statutory instrument subject to annulment in pursuance of a resolution of either House of Parliament and may make different provision in relation to different cases or circumstances or different areas.

.

3

In subsection (10) of that section, for “(9)” there shall be substituted “(6A)”.

4

Subsections (11) to (13) of that section shall cease to have effect.

5

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

6

The said sections 62 and 76 shall, however, continue to apply as originally enacted in relation to the price of a house in respect of which the offer to sell (within the meaning of section 63 of the Housing (Scotland) Act 1987) was served on the tenant prior to the commencement of this section; but nothing in this subsection restricts the power of the tenant to withdraw his application to purchase or prejudices the effect of such withdrawal.

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<ref href="http://www.legislation.gov.uk/id/ukpga/1987/26">1987 c. 26</ref>
.
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<note class="commentary F" eId="c10516461">
<p>
<ref href="http://www.legislation.gov.uk/id/ukpga/1988/43/section/65/5">S. 65(5)</ref>
repealed (30.9.2002) by
<ref href="http://www.legislation.gov.uk/id/asp/2001/10">2001 asp 10</ref>
,
<ref href="http://www.legislation.gov.uk/id/asp/2001/10/section/112">s. 112</ref>
,
<ref href="http://www.legislation.gov.uk/id/asp/2001/10/schedule/10/paragraph/14/9">Sch. 10 para. 14(9)</ref>
;
<ref href="http://www.legislation.gov.uk/id/ssi/2002/321">S.S.I. 2002/321</ref>
,
<ref href="http://www.legislation.gov.uk/id/ssi/2002/321/article/2/2">art. 2(2)</ref>
,
<ref href="http://www.legislation.gov.uk/id/ssi/2002/321/schedule">Sch.</ref>
Table (subject to transitional provisions in arts. 3-5)
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<heading> Miscellaneous and General</heading>
<section eId="section-65" period="#period2">
<num>65</num>
<heading>“Cost floor” limit on discount on price of house purchased by secure tenant.</heading>
<subsection eId="section-65-1">
<num>1</num>
<content>
<p>
In subsection (1) of section 62 of the
<noteRef href="#c10516451" marker="M1" class="commentary M"/>
Housing (Scotland) Act 1987 (purchase price of house being purchased in pursuance of tenant’s right) for the words “subsections (7) and (8)” there shall be substituted the words “subsection (6A)”.
</p>
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<subsection eId="section-65-2">
<num>2</num>
<content>
<p>For subsections (7) to (9) of that section there shall be substituted the following subsections—</p>
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<p>Except where the Secretary of State so determines, the discount for the purpose of subsection (1) shall not reduce the price below the amount which, in accordance with a determination made by him, is to be taken as representing so much of the costs incurred in respect of the house as, in accordance with the determination, is to be treated as—</p>
</intro>
<paragraph eId="d4e165">
<num>a</num>
<content>
<p>incurred in the period commencing with the beginning of the financial year of the landlord which was current 5 years prior to the date of service of the application to purchase the house or such other period as the Secretary of State may by order provide; and</p>
</content>
</paragraph>
<paragraph eId="d4e171">
<num>b</num>
<content>
<p>relevant for the purposes of this subsection,</p>
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<wrapUp>
<p>and, if the price before discount is below that amount, there shall be no discount.</p>
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<content>
<p>An order under subsection (6A) shall be made by statutory instrument subject to annulment in pursuance of a resolution of either House of Parliament and may make different provision in relation to different cases or circumstances or different areas.</p>
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<subsection eId="section-65-4">
<num>4</num>
<content>
<p>Subsections (11) to (13) of that section shall cease to have effect.</p>
</content>
</subsection>
<subsection eId="section-65-5">
<num>
<noteRef href="#c10516461" marker="F1" class="commentary F"/>
5
</num>
<content>
<p>. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .</p>
</content>
</subsection>
<subsection eId="section-65-6">
<num>6</num>
<content>
<p>The said sections 62 and 76 shall, however, continue to apply as originally enacted in relation to the price of a house in respect of which the offer to sell (within the meaning of section 63 of the Housing (Scotland) Act 1987) was served on the tenant prior to the commencement of this section; but nothing in this subsection restricts the power of the tenant to withdraw his application to purchase or prejudices the effect of such withdrawal.</p>
</content>
</subsection>
</section>
</part>
</portionBody>
</portion>
</akomaNtoso>