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Part 10 Assured tenancy allowances

Chapter 6 Balancing adjustments

General

514 Balancing events

The following are balancing events in relation to a qualifying dwelling-house—

a

the relevant interest in the dwelling-house is sold;

b

if the relevant interest in the dwelling-house is a lease, the lease ends otherwise than on the person entitled to it acquiring the interest reversionary on it;

c

the dwelling-house is demolished or destroyed;

d

the dwelling-house ceases altogether to be used (without being demolished or destroyed).