HC Deb 25 June 1974 vol 875 c1418
Mr. Kaufman

I beg to move Amendment No. 20, in page 125, line 18, at end insert 'IA. In subsection (1) of section 27 (qualifying lenders) at the end of paragraph (e) there shall be inserted the following paragraph: (f) the housing Corporation"; and the words from "and for the purposes"to the end of the subsection shall be omitted'.

Mr. Deputy Speaker

It would be convenient to discuss at the same time Government Amendment No. 21.

Mr. Kaufman

The amendment does two things. First, it transfers the Housing Corporation, from being a qualifying lender for the purposes of the option mortgage subsidy for housing associations only, into the general categories of qualifying lender. Second, it deletes the Secretaries of State for the Environment, Wales and Scotland from the category of qualifying lender in respect of loans to housing associations.

If hon. Members wish, I will of course amplify this explanation, but lacking any probing questions I will leave it at that.

Amendment agreed to.

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