Housing (Amendment) Act, 1952

Grants to farmers by housing authority.

9.—(1) A housing authority may make, to or in respect of a farmer in respect of a house for which a relevant grant is made, a grant of an amount equal to—

(i) if the rateable valuation does not exceed £12 10s. 0d., 100 per cent. of the relevant grant,

(ii) if the rateable valuation does not exceeds £12 10s. 0d. but does not exceed £20, 66⅔ per cent. of the relevant grant,

(iii) if the rateable valuation exceeds £20 but does not exceed £27 10s. 0d., 50 per cent. of the relevant grant, or

(iv) if the rateable valuation exceeds £27 10s. 0d. but does not exceed £35, 331/3 per cent. of the relevant grant.

(2) In this section “the rateable valuation” means the rateable valuation, or the aggregate of the rateable valuations, of any land or buildings occupied by a farmer, in force immediately before the commencement of the erection, reconstruction, purchase, improvement or extension in respect of which the relevant grant is made.