S.L. 573.18 · Redemption Of Temporary (S.L. 573.18)
S.L. 573.18 Art. 12Conditions common to all categories.
(1) Prior to any transfer of property, the vendor shall inform the Authority about the transfer and obtain prior consent. Such information and attainment of consent are required on pain of nullity and the amount due shall be paid on the transfer of property.
(2) When the ground rent is revisable, it is to be revised up to the date of the validation of the application prior to redemption.
(3) The terms indicated in regulation 8 in relation to the additional payments following the redemption of the property shall commence from the date of the validation of the application and the said date shall be clearly indicated in the contract of redemption.
(4) The plans of the property to be redeemed shall be annexed to the contract of redemption in order that a clear delineation of the property to be redeemed shall be clearly identified.
(5) The application fees are listed in Schedule IV.
(6) The Authority may consider a property as being of high net value and, or of historical and, or national importance, in which case these regulations shall not be applicable. In such a case, the application shall not be considered and any fees paid to the Authority shall be reimbursed.