http://www.legislation.gov.uk/wsi/2005/2680/regulation/7/made

The Housing (Right of First Refusal) (Wales) Regulations 2005

Council housing

Home ownership

King's Printer of Acts of Parliament

2015-09-08

HOUSING, WALES

The landlords of secure tenants buying their homes under the Right to Buy scheme (the terms of which are contained in Part 5 of the Housing Act 1985 (the “1985 Act”)), are required by section 156A of the 1985 Act to impose a covenant in conveyances and grants of leases to the effect that, for a period of ten years after the property is transferred to the tenant under the Right to Buy, there must be no relevant disposal which is not an exempted disposal (these terms are defined in sections 159 and 160 of the 1985 Act respectively), unless the prescribed conditions have been satisfied (a “right of first refusal covenant”). This instrument contains the prescribed conditions.