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31. The added value shall be deemed to be nil where the applicant is–
(a)a registered social landlord in terms of section 57 of the Housing (Scotland) Act 2001(1); or
(b)any charitable body or other body that does not trade for profit and is established for the purpose of, or has among its objects and powers–
(i)the provision, construction, improvement or management of houses to be kept available for letting;
(ii)the provision, construction, improvement or management of houses for occupation by members of the body, where the rules of the body restrict membership to persons entitled or prospectively entitled (as tenants or otherwise) to occupy a house provided or managed by the body;
(iii)acquiring, or repairing and improving, or creating by the conversion of houses or other property, houses to be disposed of on sale, on lease or on shared ownership terms; or
(iv)constructing houses to be disposed of on shared ownership terms.
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