The Mortgage Indemnities (Recognised Bodies) (No. 1) Order 1988
This Order specifies five additional bodies as recognised bodies for the purposes of sections 442 and 443 of the Act. Local authorities may, with the approval of the Secretary of State, enter into agreements with recognised bodies providing for indemnities, where such bodies make advances secured by way of mortgage on dwelling-houses bought from the public sector landlords listed in section 444(4) of the Act