delete The Housing (Right to Buy) (Limits on Discount) (Wales) Order 1999
This Welsh Statutory Instrument sets parameters for the Right to Buy scheme for social housing in Wales, prescribing a maximum discount of £24,000 and a 10-year qualifying period (extended from 8 years). It supersedes the 1989 Maximum Discount Order for Wales and contains transitional provisions for prior notices.
The Right to Buy scheme is a market distortion that transfers public housing assets to selected tenants at below-market prices, reducing social housing supply and creating perverse incentives. This Order merely adjusts parameters of that inherently problematic scheme. Deleting it removes one layer of bureaucratic fine-tuning without addressing the fundamental flaw: government picking housing market winners through subsidy. The previous 1989 Order it revokes was equally problematic. Removing this instrument eliminates unnecessary regulatory complexity with no corresponding benefit from retaining it.