Modifications etc. (not altering text)
C1Sch. 18 amended by S.I. 1986/148, art. 10(1)
2(1)The house of which the ownership was acquired by means of the advance shall be held subject to the following conditions (in this Schedule referred to as “the statutory conditions”):—E+W
(a)Every sum for the time being due in respect of principal or interest for the advance shall be punctually paid:
(b)The proprietor shall reside in the house:
(c)The house shall be kept insured against fire to the satisfaction of the local authority, and the receipts for the premiums produced when required by them:
(d)The house shall be kept in good sanitary condition and good repair:
(e)The house shall not be used for the sale of intoxicating liquors, or in such a manner as to be a nuisance to adjacent houses:
(f)The local authority shall have power to enter the house by any person, authorised by them in writing for the purpose, at all reasonable times for the purpose of ascertaining whether the statutory conditions are complied with.
(2)The statutory condition as to residence has 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.
(3)The other statutory conditions have effect until the advance has been fully repaid, with interest, or the local authority have taken possession or ordered a sale under this Schedule.