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S.L. 573.18 · Redemption Of Temporary (S.L. 573.18)

S.L. 573.18 Art. 2Interpretation.   Cap. 573.  Cap. 563. 2 [S.L.     S.L. 573.17.

In KraftAmtlicher Text

In these regulations, unless the context otherwise requires:

"Act" means the Government Lands Act;

"additional payments" means any other subsequent redemption amount that the Authority may impose in relation to the transfer of property in accordance with these regulations;

"applicant" means any natural or legal person currently recognised as an emphyteuta, or in the process of being recognised as an emphyteuta by the Authority in accordance with these regulations;

"Authority" means the Lands Authority established by article 5 of the Lands Authority Act;

"Minister" means the Minister responsible for the Authority;

"residential properties" means those properties:

(a) originally granted a temporary emphyteutical concession for residential purposes and are currently still in use as residences;

(b) originally granted a temporary emphyteutical concession for the development of one or more residences; or SCHEME AND SUBSEQUENT FULL OWNERSHIP OF 573.18 RESIDENTIAL GOVERNMENT PROPERTY

(c) originally granted a temporary emphyteutical concession for non-residential use but have been developed, or may be developed, for residential use subject to the provisions of the Amendment or Revocation of a Condition Imposed in a Contract of a Property Transferred by the Government, the Lands Authority or Ecclesiastical Entities by means of a Sale or Emphyteusis Regulations;

"Type A redemption" means a redemption of groundrent of properties used as the sole and ordinary residence of the applicant and garages or parking spaces used for residential purposes which shall be either interconnected with the residence or fall within the same emphteutical concession;

"Type B redemption" means a redemption of groundrent of properties that are not considered as the sole and ordinary residence of the applicant, or garages or parking spaces not eligible under the terms of Type A redemption of these regulations;

"Type C redemption" means a redemption of groundrent of undeveloped land.