3(1)The Secretary of State may reduce or discontinue a sending authority’s transitional town development subsidy if a dwelling in respect of which it is payable—E+W
(a)has been demolished,
(b)has been disposed of by the receiving authority,
(c)is not fit to be used, or is not being used, for letting as a dwelling, or
(d)in any other circumstances he considers relevant.
(2)The Secretary of State may from time to time determine for the purposes of sub-paragraph (1)—
(a)the circumstances in which a dwelling is to be treated as having been demolished or disposed of,
(b)the circumstances in which a dwelling is to be treated as not fit to be used, or as not being used, for letting as a dwelling,
(c)in which circumstances other than those mentioned in sub-paragraph (1)(a) to (c) an authority’s transitional town development subsidy is to be reduced or discontinued, and
(d)the method by which any calculation is to be made;
and the power conferred by paragraph (b) above also includes power to determine what constitutes letting as a dwelling.
(3)A determination under this paragraph may contain supplementary or incidental provisions and may be made to apply to a specified description of authorities or dwellings or to a specified authority.