§ Mr. Alton
I beg to move amendment No. 189, in page 69, line 27, at end insert' save that this subsection shall not apply where a local authority lends money on mortgage for the purchase of a dwelling-house under a scheme of low-start mortgages, index-linked mortgages or equity-sharing mortgages, under such a scheme the payments over the term shall be substantially equal to the total of payments which would have been made under the standard rates in force during the term.'.
§ Mr. Speaker
With this it will be convenient to take the following amendments:
No. 190, in page 69, line 35, leave out ' notexceeding six months and.'.No. 191, in page 69, line 37, leave out ' of six months and '.
No. 192, in page 69, line 44, leave out '¼ ' and insert ' 1 '.
No. 193, in page 70, line 6, leave out ' ¼ ' and insert ' 1 '.
§ Amendment negatived.
Amendment made: No. 71, in page 71, line 10, at end insert—
'(11A) This section does not apply to loans made by local authorities to housing associations under section 119 of the 1957 Act.'—[Mr. Stanley.]