Early repayment6

1

The owner of, or any other person interested in, any property subject to a repayment charge may at any time redeem the repayable amount early by paying to the registered social landlord—

a

such sum as the owner or other person may agree with the registered social landlord; or

b

failing such agreement, such a sum as an arbiter may determine.

2

The arbiter will be appointed by the Scottish Arbitration Centre4.

3

The Arbitration (Scotland) Act 20105 will govern any such arbitration.