Housing (Miscellaneous Provisions) Act 2009
Regulations (Part 5). |
95.— (1) The Minister may make regulations in relation to all or any one or more of the following: | |
(a) the class or classes of dwelling in respect of which financial assistance may be provided to eligible households for the purposes of section 81 ; | ||
(b) subject to section 84 , the class or classes of households with whom affordable dwelling purchase arrangements may be entered into; | ||
(c) the minimum and maximum of the amount which may be charged under a charging order, the maximum of which shall not in any case exceed 40 per cent of the market value of the dwelling concerned; | ||
(d) the maximum amount of the financial assistance which may be provided under section 81 to an eligible household to purchase an open market dwelling under an affordable dwelling purchase arrangement; | ||
(e) the form and manner of, and the terms and conditions to be specified in, affordable dwelling purchase arrangements, including the following— | ||
(i) the provision of mortgage protection insurance, and | ||
(ii) the minimum deposit payable by the household in respect of the purchase of an affordable dwelling; | ||
(f) the form of a transfer order; | ||
(g) the form and content of a charging order; | ||
(h) the determination of the minimum charged period, or the range within which a housing authority shall fix the minimum charged period, which shall not in any case be less than 25 years from the date of sale; | ||
(i) subject to subsection (2), the amount to be prescribed in respect of a payment under section 87 ; | ||
(j) the form and manner in which a purchaser shall notify a housing authority of his or her proposal to make a payment under section 87 ; | ||
(k) the class or classes or description of person who are suitably qualified by reference to their qualifications and experience to determine the market value of a dwelling for any of the purposes of this Part; | ||
(l) such other matters as the Minister considers necessary and appropriate relating to the provision of affordable dwellings or affordable dwelling purchase arrangements. | ||
(2) For the purposes of subsection (1) (i), the Minister may prescribe an amount or a percentage of the market value of the dwelling at the time of the payment under section 87 . |