This order establishes the legal framework for identifying recognised lending institutions eligible to participate in government-backed home purchase assistance schemes. The document, issued by the British government, delineates the specific criteria and regulatory requirements that financial entities must satisfy to qualify for participation in state-supported housing initiatives. It serves as a formal instrument of administrative law, providing the necessary legal definitions to facilitate the implementation of housing policy during the 1990 fiscal period.

Legal professionals and policy researchers utilize this document as a primary source for understanding the historical regulatory environment of UK housing finance. It is considered a technical administrative record rather than a general reference text for the public.