HOUSING ACT (NORTHERN IRELAND) 1923 - SECT 5 Amendments of law as to acquisition of small dwellings.

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HOUSING ACT (NORTHERN IRELAND) 1923 - SECT 5

Amendments of law as to acquisition of small dwellings.

5. The Small Dwellings Acquisition (Ireland) Acts, 1899 and 1919, shall have
effect subject to the following amendments:

(a)An advance under those Acts may be made to a person intending to construct
a house, and in such case the limitation in those Acts requiring that the
person to whom the advance is made must be resident in the house, shall be
construed as requiring that the person should be a person intending to reside
in the house when constructed;

(b)the limit on the market value of houses in respect of which advances may be
made under those Acts shall be increased from eight hundred to [fifteen
thousand pounds];

(c)the statutory condition requiring the proprietor of a house in respect of
which an advance has been made to reside in the house, shall have effect for a
period of three years from the date when the advance is made, or from the date
on which the house is completed, whichever is the later, but no longer, and
compliance with this condition may at any time be dispensed with by the
[district council];

(d)the market value of the ownership of any house in respect of which an
advance is to be made under those Acts shall be ascertained by means of a
valuation made on behalf of the [district council];

(e)where an advance is made in respect of a house in course of construction,
the advance may be made by instalments from time to time as the building of
the house progresses, so that the total advance does not at any time before
the completion of the house exceed [eighty per cent.] of the value of the work
done up to that time on the construction of the house, including the value of
the interest of the person to whom the advance is made in the site thereof;

(f)a person shall not, by reason only of the fact that an advance is made to
him under those Acts, be disqualified from being elected as or being a member
of the [district council] by whom the advance is made or any committee of such
[district council];

Para.(g) rep. by SRO (NI) 1973/285

Short title and construction.

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Northern Irish Legislation

HOUSING ACT (NORTHERN IRELAND) 1923 - SECT 5