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This is the original version (as it was originally made).
Rent officers' property-specific rent
8.—(1) Where—
(a)the rent officer determines a property-specific rent, but not a size-related rent; and
(b)the amount of eligible rent exceeds the property-specific rent less ineligible amounts,
then, for the period beginning with the relevant date and ending with the termination date, the appropriate amount shall be determined in accordance with sub-paragraph (2) or sub-paragraph (3), as the case may be.
(2) Where the allowance granted is the same as or is less than the excess—
(a)except in a case to which paragraph 10 applies, the appropriate amount shall be nil;
(b)where paragraph 10 applies, the appropriate amount shall be 60 per cent. of the qualifying expenditure attributable to such allowance.
(3) Where the allowance granted is greater than the excess the appropriate amount shall be
(a)except where paragraph 10 applies, nil per cent. of the qualifying expenditure which is equal to the excess;
(b)where paragraph 10 applies, 60 per cent. of the qualifying expenditure which is equal to the excess,
together with 95 per cent. of the qualifying expenditure which remains after deducting the excess.
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