Part I Grants, &c. for renewal of private sector housing
F1F1Chapter II
Conditions of participation
70 Condition as to payment of balance of cost on disposal.
1
It is a condition of participation in a group repair scheme as an assisted participant that if, at any time after signifying scheme consent and before the end of the protected period, he makes a relevant disposal (other than an exempt disposal) of the premises in which he had an owner’s interest at the date of the approval of the scheme, he shall pay to the local housing authority on demand the balance of the cost.
2
The condition under this section is a local land charge and is binding on any person who is for the time being an owner of the premises concerned.
3
Where the authority have the right to demand payment of an amount as mentioned in subsection (1), they may determine not to demand payment or to demand a lesser amount.
4
The condition under this section shall cease to be in force with respect to any premises if there is a relevant disposal of the premises that is an exempt disposal, other than—
a
a disposal within section 54(1)(a) (disposal to associates of person making disposal), or
b
a disposal within section 54(1)(b) (vesting under will or on intestacy).
Pt. 1 Ch. 2 (ss. 60-75) repealed (19.7.2003) by The Regulatory Reform (Housing Assistance) (England and Wales) Order 2002 (S.I. 2002/1860), arts. 1(3), 11(1), 15, Sch. 3 para. 27, Sch. 6 (with art. 11(2))