Clause 8

by deleting paragraph (c) of subsection (1) and substituting the following: —“(c)if the flat, house or other building has in the opinion of the Corporation been used otherwise than for the purpose permitted by the lease; or”; and

by inserting, immediately after subsection (1), the following subsection: —“(1A) Paragraph (b) of subsection (1) of this section shall not apply to any owner or his spouse or any authorised occupier who has purchased or acquired, with the prior written consent of the Corporation, any commercial property not exceeding in value two hundred and fifty thousand dollars or such higher value as the Minister may allow and the said commercial property is used or intended to be used by any such person for business purposes.”.