Part 2

Scheme of assistance for housing purposes

Supplementary

Interpretation of Part 2
97
1
In this Part—
- “applicant's contribution” means an amount assessed under section 77,
- “approved expense” has the meaning given in section 76,
- “interest free element” means an amount determined under section 79(4),
- “minimum percentage grant” and “minimum percentage loan” have the meanings given in section 79(7),
- “repayment element” means an amount determined under section 79(5),
- “standard loan” means a loan made under this Part which is not a subsidised loan,
- “subsidised loan” means a loan made under this Part which is divided into two elements in accordance with section 79(3).
2
In this Part—
a
references to grants or loans (excluding the reference in section 95(1)(b)) are to grants or loans provided under section 71(1), and
b
references to the applicant for a grant or loan are to be read, in relation to any time after an applicant dies, as references to the applicant's executor.