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5(1)Where an interest acquired in pursuance of section 7 of this Act is or includes a house in relation to which a grant has been made under Part I of the [1974 c. 45.] Housing (Scotland) Act 1974—
(a)observance with respect to the house of any of the conditions specified in section 9 of that Act (conditions to be observed with respect to a house in respect of which a grant has been made) shall cease to be required with effect from the time of disposal of the interest and paragraph 7 of Schedule 2 to that Act (requirements as to records when observance of conditions ceases to be required) shall apply as it applies in the case there mentioned ; and
(b)the owner for the time being of the house shall not be liable to make in relation to the grant any payment under Schedule 2 to that Act (consequences of breach of conditions) unless the liability to do so arises from a demand made before the time of disposal of the interest.
(2)In sub-paragraph (1) above—
" house " has the same meaning as in the [1966 c. 49.] Housing (Scotland) Act 1966 ; and
" owner" has the same meaning as in Part I of the Housing (Scotland) Act 1974.
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