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SCHEDULE 1TRANSITIONAL PROVISIONS AND SAVINGS

7.  The substitutions made by sections 133 and 134 (priority of charges securing repayments of discount) do not have effect in relation to the order of priority between a charge taking effect by virtue of section 36 of the 1985 Act or paragraph 2 of Schedule 2 to the Housing Associations Act 1985(1) (as the case may be) and any advance made before the second commencement date.