7Contributions for certain houses provided by local authorities since 1940.
(1)The provisions of this section shall have effect in relation to any house or accommodation deemed to be a new house which—
(a)is provided by a local authority in accordance with proposals approved by the Secretary of State on or after the first day of January, nineteen hundred and forty, for the purposes of section one of the Housing (Agricultural Population) (Scotland) Act, 1938, or of section one of the Housing (Financial Provisions) (Scotland) Act, 1938; and
(b)is not a house or accommodation in respect of which contributions are payable under any of the preceding provisions of this Act.
(2)If the Secretary of State, with the consent of the Treasury, so determines, there shall, subject to the provisions of this section, be payable in respect of any such house the like annual exchequer contributions and the like annual contributions out of the appropriate rate as would have been payable if the house had been approved by him for the purposes of this Act and had been completed after the seventh day of March, nineteen hundred and forty-four.
(3)Where contributions are payable in respect of a house under the last preceding subsection, the Secretary of State shall have power to give such directions for all or any of the following purposes as he thinks appropriate having regard to the circumstances, and, in particular, having regard to the cost of the house and to any payments which have been made in respect of the house out of moneys provided by Parliament—
(a)for reducing the amount of any such contribution ;
(b)for reducing the number of such contributions ;
(c)for altering the period in respect of which any such contribution is payable.
(4)No contributions shall, after the passing of this Act, be paid under the Housing (Agricultural Population) (Scotland) Act, 1938, or under the Housing (Financial Provisions) (Scotland) Act, 1938, in respect of any house in respect of which the Secretary of State has determined that contributions are to be paid under this section.