Statute
Section 437 — Housing Act 1985: Power of local authority on disposal to leave amount outstanding on mortgage.
Text of the provision Official document
Power of local authority on disposal to leave amount outstanding on mortgage. 437 On the disposal of a house under section 32 (disposal by local authority of land held for purposes of Part II(—
a by way of sale, or b by the grant or assignment of a lease at a premium the local authority may agree to the price or premium, or part of it, and any expenses incurred by the purchaser, being secured by a mortgage of the premises.
Official source: legislation.gov.uk
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