Statutory Instruments
2000 No. 1963
HOUSING, ENGLAND
The Housing (Service Charge Loans) (Amendment) (England) Regulations 2000
Made
21st July 2000
Laid before Parliament
24th July 2000
Coming into force
14th August 2000
The Secretary of State for the Environment, Transport and the Regions, in exercise of the powers conferred upon him by sections 450A, 450B and 450C of the Housing Act 1985( 1 ) hereby makes the following Regulations:
Citation, commencement and extent
1. —(1) These Regulations may be cited as the Housing (Service Charge Loans) (Amendment) (England) Regulations 2000 and shall come into force on 14th August 2000.
(2) These Regulations extend to England only.
Amendment to the Housing (Service Charge Loans) Regulations 1992
2. For paragraph 1 of Schedule 2 to the Housing (Service Charge Loans) Regulations 1992( 2 ) there shall be substituted the following—
“ 1. —(a) Except in a case falling within sub-paragraph (b), the rate of interest payable on the loan shall be such reasonable rate as may be determined by the lender.
(b) In the case of a loan under regulation 2 where the lender is a local authority, the provisions of Schedule 16 to the Act shall apply. ” .
Signed by authority of the Secretary of State
Nick Raynsford
Minister of State,
Department of the Environment, Transport and the Regions
21st July 2000
1985 c. 68 ; sections 450A, 450B and 450C were inserted by section 5 of the Housing and Planning Act 1986 (c. 63) . Sections 450A and 450B were amended by the Housing Act 1988 (c. 50) , Schedule 17, paragraphs 56, 57 and 106 and by the Housing Act 1996 (Consequential Provisions) Order 1996 (S.I. 1996/2325 ), Schedule 2. The Secretary of State’s functions under sections 450A, 450B and 450C, so far as exercisable in relation to Wales, were transferred to the National Assembly for Wales by Article 2 of S.I. 1999/672 , see entry in Schedule 1 for the Housing Act 1985.
S.I. 1992/1708 .