The Housing (Right to a Shared Ownership Lease) (Further Advances Limit) (No. 2) Regulations 1992
These Regulations provide for the calculation of a tenant’s available annual income and specify the appropriate factor by which it must be multiplied as part of the process for arriving at the limit which applies under Schedule 9 to the Housing Act 1985. That is the limit to the amount which a tenant exercising the right to a further advance is entitled to have advanced to him in respect of his acquisition of an additional share in a dwelling-house of which he has a shared ownership lease under Part V of the Act.