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Housing (Scotland) Act 1987

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This is the original version (as it was originally enacted).

4—The heritable security shall provide for repayment of the principal—

(a)by instalments (of equal or unequal amounts) beginning either on the date of the advance or at a later date, or

(b)at the end of a fixed period (with or without a provision allowing the local authority to extend that period) or on the happening of a specified event before the end of that period.

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