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S.L. 328.2 · Home Ownership (Encouragement) (S.L. 328.2)

S.L. 328.2 Art. 7Changeofordinary residence by temporary emphyteuta.

En vigueurTexte officiel

(1) Where a person who qualifies to make an application under this Scheme occupies as his ordinary residence a dwelling-

house under a title of temporary emphyteusis and wishes to change to another ordinary residence but does not wish to comply with the provisions of clause 14(d), that person may apply for a subsidy under this Scheme in accordance with the following provisions of this clause.

(2) The provisions of clause 6(2) and (3) shall mutatis mutandis apply in respect of the remaining period of the emphyteusis.

(3) Where an application is made in accordance with the foregoing provisions of this clause the maximum subsidised loan allowable under this Scheme shall be reduced by three thousand and four hundred and ninety-four euros and six cents (€3,494.06).

(4) Where a person has already transferred the remaining period of the emphyteusis he shall not, for that reason alone, be disqualified from making an application under this clause provided that where the transfer took place immediately before the application or within twelve months immediately preceding the date of the application the provisions of sub-clause (3) shall apply.

Historique des modifications
  • Amended by L.N. 424 of 2007