In section 119(1) of the Housing Act 1985 (c. 68) (qualifying period for right to buy) for "two" substitute ." five "
In subsection (2)(a) of section 129 of that Act (discount)—
for "two" substitute ; and" five "
for "32 per cent" substitute ." 35 per cent "
In subsection (2)(b) of that section—
for "two", where it appears for the second time, substitute ; and" five "
for "44 per cent" substitute ." 50 per cent "
In subsection (2A)(b) of that section for "two" substitute ." five "
The amendments made by this section do not apply in relation to a secure tenancy—
if the tenancy was entered into before, or in pursuance of an agreement made before, the day on which this section comes into force, or
if paragraph (a) does not apply but the tenant is a public sector tenant on that day and does not cease to be such a tenant at any time before serving a notice in respect of the tenancy under section 122 of that Act.
In subsection (5) "public sector tenant" has the same meaning as in Schedule 4 to that Act.