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72.—(1) The Executive may by agreement with a person having the requisite interest execute at his expense—
(a)any works towards the cost of which a grant under this Chapter is payable or might be paid on an application duly made and approved; and
(b)any further works which it is in the opinion of the Executive necessary or desirable to execute together with the works mentioned in sub-paragraph (a).
(2) Except in the case of a common parts grant, the “requisite interest” means an owner’s interest in every parcel of land on which the works are to be carried out or, in a case where (if an application was made) Article 42(4) might apply, in part only of the land concerned.
(3) In the case of a common parts grant, the reference in paragraph (1) to a person having the requisite interest is a reference to the person who—
(a)has a power or duty to carry out the relevant works; and
(b)has such an interest in the building or in a flat in the building as is referred to in paragraph (4) of Article 43.
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