PART II PROVISION OF HOUSING ACCOMMODATION

Disposal of land held for housing purposes

42 Treatment of options.

(1)

For the purposes of this Part the grant of an option enabling a person to call for a relevant disposal which is not an exempted disposal shall be treated as such a disposal made to him.

(2)

For the purposes of section 37(2) (requirement of consent to disposal of house in National Park etc.) a consent to such a grant shall be treated as a consent to a disposal made in pursuance of the option.