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8(1)Payments under subsection (2) of section 92 of the [1964 c. 56.] Housing Act 1964 shall not be made for the year 1972-73 or any subsequent year.
(2)Sub-paragraph (3) below relates to a house—
(a)in respect of which a payment is made for the year 1971-72 under subsection (2) of the said section 92, or
(b)to which the said section 92 applies and which is vacated in the year 1971-72 and in respect of which, apart from the provisions of sub-paragraph (1) above, a payment would be made under the said subsection (2).
(3)The Secretary of State may pay to the local authority in respect of any house referred to in sub-paragraph (2) above a sum of such amount as, in his opinion, is appropriate having regard to the residuary contribution years within "the meaning of subsection (8)(d) of the said section 92 in relation to that house:
Provided that any sum paid under this sub-paragraph shall be applied by the local authority to extinguish the outstanding debt in respect of any such house and, in so far as not so required, to reduce any debt in respect of which loan charges are required to be debited to the housing revenue account under paragraph 2 of Schedule 4 to this Act or to such other purpose as may be approved by the Secretary of State.
(4)Section 93 of the [1964 c. 56.] Housing Act 1964 shall cease to have effect, except where the request by the local authority for the demolition of the house was duly made before the date of the coming into force of this Act, and the local authority, before that date, satisfied the Secretary of State that they had taken the appropriate steps, including the disconnection of services, to enable the demolition to be carried out safely and efficiently, or the house is such a house as is referred to in sub-paragraph (2)(b) above.
(5)Notwithstanding sub-paragraph (4) above, subsection (2) of the said section 93 shall not have effect where—
(a)the request by the local authority for the demolition of the house was duly made before the date of the coming into force of this Act, and the local authority, before that date, satisfied the Secretary of State as described in sub-paragraph (4) above, or
(b)the house was demolished before the coming into force of this Act,
and the house would be such a house as is referred to in sub-paragraph (2)(b) above except that it is vacated in the year 1972-73.
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