S.L. 328.4 ст. 8Payment and redemption of ground rent.

(1) In any case where, following the purchase of a private dwelling-house in pursuance of an application approved by the

Authority under this Scheme, ground rent is payable by the purchaser, the amount, terms and conditions for the payment of such ground rent shall be those approved by the Authority and in no case shall the ground rent payable by the purchaser exceed the amount of ground rent payable immediately before the publication of the deed of sale.

(2) Any person whose application under this Scheme has been approved by the Authority, and where the dwelling-house to be purchased is subject to the payment of ground rent, shall bind himself, either before or on the publication of the deed of sale, to redeem the ground rent so payable in such a way that such person shall become the absolute owner of the dwelling-house to be purchased by that person.