PART IIIGRANTS, &c. FOR RENEWAL OF PRIVATE SECTOR HOUSING
CHAPTER IIIGROUP REPAIR SCHEMES
Conditions as to participation
Condition as to payment of balance of cost on disposal100
1
It is a condition of participation in a group repair scheme as an assisted participant that if, after signifying scheme consent and before the end of the protected period, he makes a relevant disposal (other than an exempt disposal) of the premises in which he had an owner’s interest at the date of the approval of the scheme, he shall pay to the Executive on demand the balance of the cost.
2
The condition under this Article shall be a statutory charge and binding on any person who is for the time being an owner of the premises concerned; and any amount which is payable under paragraph (1) shall, until recovered, be deemed to be a charge on the premises.
3
Where the Executive has the right to demand payment as mentioned in paragraph (1), it may determine not to demand payment or to demand a lesser amount.
4
The 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, other than—
a
a disposal within Article 85(1)(a) (disposal to associates of person making disposal), or
b
a disposal within Article 85(1)(b) (vesting under will or on intestacy).