Small Dwellings Acquisition Act, 1957
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Amendment of section 32 of Housing (Amendment) Act, 1950. |
1.—(1) Section 32 of the Housing (Amendment) Act, 1950 (No. 25 of 1950), is hereby amended by the substitution for paragraph (a) of the following paragraph: | |
“(a) in the case of a house occupied or to be occupied for the first time, the amount which, in the opinion of the local authority, represents the reasonable cost (including all reasonable incidental expenses) of building the house and the value of the interest of the person to whom the advance is made in the site thereof, together with, where the ownership of the house is acquired by the person to whom the advance is made, all reasonable expenses incidental to such acquisition.” | ||
(2) Anything which was effected by a local authority after the 24th day of December, 1956, and before the passing of this Act and which was effected in anticipation of the enactment of subsection (1) of this section shall be valid for all purposes in like manner as if that subsection had been in operation when it was effected. |