The Housing (Right to Buy) (Limits on Discount) Order 1998

• Citation: S.I. 1998/2997
• Sections: 6

Section 1 Citation and commencement

This Order may be cited as the Housing (Right to Buy) (Limits on Discount) Order 1998 and shall come into force on 11th February 1999.

Section 2 Interpretation

In this Order a reference to a numbered section is to the section of the Housing Act 1985 bearing that number.

Section 3 Maximum discounts

(1) In relation to a dwelling-house in a region specified in column 1 of the Schedule to this order, the sum specified in column 2 of that Schedule is the prescribed sum for the purposes of section 131(2) (maximum sum by which the price payable for a dwelling-house on a conveyance or grant under Part V of the Housing Act 1985 may be reduced by discount in accordance with section 129 ).

(2) A region specified in column 1 of the Schedule is the region of that name specified in Schedule 1 to the Regional Development Agencies Act 1998 .

Section 4 Period of account

The period of time for the purposes of section 131(1)(a) shall be ten years (instead of the period of eight years).

Section 5 Application

This Order shall not have effect in a case where a notice under section 122(1) was served before this Order came into force and the Order mentioned in article 6 below shall continue to apply in that case.

Section 6 Revocation

Subject to article 5, the Housing (Right to Buy) (Maximum Discount) Order 1989 is revoked so far as it relates to dwelling-houses in England .