(1)A local housing authority may approve an application for an improvement grant in such circumstances as they think fit.
(2)Subsection (1) has effect subject to the following provisions (which restrict the cases in which applications may be approved)—
section 463(2) (person who proposes to acquire but has not yet acquired an owner’s interest),
section 465 (works already begun),
section 466 (cases in which consent of Secretary of State is required),
section 468 (standard of repair to be attained), and
section 469 (rateable value limit for owner-occupied dwellings).