Housing (Miscellaneous Provisions) Act 2009

Regulations (Part 3).

49.— The Minister may make regulations in relation to all or any one or more of the following:

(a) the class or classes of dwelling to which incremental purchase arrangements may apply;

(b) the class of classes of households with whom incremental purchase arrangements may be entered into;

(c) the method for determining the purchase price of a dwelling which method may—

(i) differentiate between different classes of dwelling, and

(ii) take account of the age of the dwelling;

(d) the method for determining the purchase money taking account of the financial circumstances of households with whom incremental purchase arrangements may be entered into;

(e) the determination of the minimum period, or the range within which a housing authority shall fix the minimum period, for which a charging order shall apply in respect of a dwelling sold under an incremental purchase arrangement, which period shall not in any case be less than 20 years from the date of the transfer order;

(f) in the case of an approved body, the reservation by it of a specified number or proportion of newly-constructed dwellings provided with the assistance of a housing authority under section 6 of the Act of 1992;

(g) the form and manner of, and terms and conditions to be specified in, a transfer order and a charging order;

(h) the class or classes or description of persons who are suitably qualified by reference to their qualifications and experience to determine the market value of a dwelling or site, as the case may be, for the purposes of this Part;

(i) the form of the statement for the purposes of sections 46 (5) and 47 (3);

(j) such other matters as the Minister considers necessary and appropriate relating to incremental purchase arrangements.