Condition as to repayment on disposal: HMO grants
78.—(1) It is a condition of an HMO grant that if an owner of the house makes a relevant disposal (other than an exempt disposal)—
(a)of the whole or part of the house,
(b)after any instalment of grant has been paid, and
(c)before the certified date,
he shall repay to the Executive on demand the amount of grant that has been paid.
(2) It is a condition of an HMO grant that if an owner of the house makes a relevant disposal (other than an exempt disposal)—
(a)of the whole or part of the house,
(b)on or after the certified date, and
(c)before the end of the grant condition period,
he shall repay to the Executive on demand the amount of grant that has been paid.
(3) A condition under this Article shall be a statutory charge and binding on any person who is for the time being an owner of the house; and any amount of grant which is repayable under paragraph (1) or (2) shall, until recovered, be deemed to be a charge on the house.
(4) Where the Executive has the right to demand repayment of an amount mentioned in paragraph (1) or (2), it may determine not to demand payment or to demand a lesser amount.
(5) Any condition under this Article 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.