Incomplete proposalsE+W
14.—(1) The VO must refuse a proposal (“an incomplete proposal”) which does not include the matters specified in—
(a)regulation 11(4), and
(b)if applicable, regulation 11(5) and (6).
(2) When refusing an incomplete proposal, a VO must serve on the proposer a notice of refusal specifying—
(a)the information which is missing, and
(b)the date the notice is served.
(3) If an incomplete proposal, other than a proposal made on the ground set out in regulation 4(1)(b) where the ground relates to a material change of circumstances mentioned in paragraph 2(7)(d) [, (da)] or (e) of Schedule 6 to the Act, is refused, the proposer may make a further proposal within the period of 4 months beginning with the date on which a check was completed in relation to the hereditament.
(4) If an incomplete proposal made on the ground set out in regulation 4(1)(b) where the ground relates to a material change of circumstances mentioned in paragraph 2(7)(d) [, (da)] or (e) of Schedule 6 to the Act is refused, the proposer may make a further proposal by the later of—
(a)the last day in the period of 4 months beginning with the date on which a check was completed in relation to the hereditament, and
(b)the last day in the period of 16 months beginning with the date on which the VO received a confirmation.
(5) In calculating the period in paragraph (3) or (4), the days beginning with the date on which the incomplete proposal was made and ending with the date on which the notice of refusal was served are to be ignored.
(6) Paragraph (5) does not apply where a second or subsequent notice of refusal is served in relation to the further proposal.
Textual Amendments
Commencement Information