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(This note is not part of the Order)
This Order specifies six additional bodies as approved lending institutions for the purposes of section 156 of the Housing Act 1985 (priority of charges on disposals under the right to buy). Other bodies have been specified by previous Orders. Such bodies are also approved lending institutions for the purposes of section 36 of that Act (priority of charges on voluntary disposals by local authorities) and paragraph 2 of Schedule 2 to the Housing Associations Act 1985 (priority of charges on voluntary disposals by registered housing associations).
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