Housing (Amendment) Act, 1950

PART II.

Financial Provisions.

Grants for house purchase.

6.—(1) The Minister may, with the consent of the Minister for Finance, and subject to regulations made under this section, make, out of moneys provided by the Oireachtas, to a person purchasing a house on or after the passing of this Act a grant not exceeding the appropriate sum specified in the Second Schedule to this Act, if—

(a) erection of the house commenced or commences on or after the 1st day of November, 1947, and is completed on or before the 1st day of April, 1952, and is occupied for the first time on or after the date of completion of the purchase;

(b) the house complies with the rules set out in the First Schedule to the Act of 1932, as amended, in the case of houses completed on or after the passing of this Act, by section 14 of this Act;

(c) the house when purchased is occupied by the purchaser.

(2) The Minister shall not make a grant under this section in respect of a house for which a grant is or was made under any other enactment.

(3) The Minister shall not make more than one grant under this section to any person.

(4) The Minister shall not make a grant under this section in respect of a house for which he is prohibited from making a grant under subsection (3) of section 5 of the Act of 1932, as amended by section 4 of the Act of 1937.

(5) The Minister may make regulations for the purposes of this section.

(6) (a) Subsections (1) and (3) of section 13 of the Finance (No. 2) Act, 1947 (No. 33 of 1947), and subsections (1) and (3) of Section 24 of the Finance Act, 1949 (No. 13 of 1949), shall not apply to any instrument giving effect to the purchase of a house in respect of which a grant under this section may be made to the purchaser when the house is occupied by him and in lieu thereof such stamp duties shall be chargeable as would have been chargeable if those sections had not been enacted.

(b) Paragraph (a) of this subsection shall have effect if, but only if, the instrument contains a statement such as is referred to in subsection (4) of section 13 of the Finance (No. 2) Act, 1947 , or subsection (4) of section 24 of the Finance Act, 1949 , whichever is appropriate, and there is endorsed on the instrument a certificate under the seal of the Minister for Local Government that a grant under this section will be made to the purchaser when the house is occupied by him.