Payment of balance of cost, &c: cessation of conditions
103.—(1) If at any time while a condition of participation under Article 100 or 101 remains in force—
(a)the assisted participant pays the balance of the cost to the Executive,
(b)a mortgagee of the interest of the assisted participant in the premises being a mortgagee entitled to exercise a power of sale, makes such a payment,
(c)the Executive determines not to demand payment on the breach of a condition of participation, or
(d)the Executive demands payment in whole or in part on the breach of a condition of participation and that demand is satisfied,
that condition and any other conditions of participation shall cease to be in force with respect to the premises of that assisted participant.
(2) An amount paid by a mortgagee under paragraph (1)(b) shall be treated as part of the sums secured by the mortgage and may be discharged accordingly.
(3) The purposes authorised for the application of capital money by sections 21 and 63 of the Settled Land Act 1882 (c. 38) include the making of payments under this Article.