33. Payment of improvement contribution

Terms defined in this Act

• Board

  Board

  Defined · s 2

  “Board” means the Housing and Development Board established under the Housing and Development Act 1959;

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• flat

  flat

  Defined · s 2

  “flat” means a horizontal stratum of any building or part thereof, whether the stratum is on one or more levels or is partially or wholly below the surface of the ground, which is used or intended to be used as a complete and separate unit for the purpose of human habitation or business;

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• improvement contribution

  improvement contribution

  Defined · s 29

  “improvement contribution” means the costs in respect of lift upgrading works recoverable by a Town Council from the owner of a flat or a Town Council under section 32;

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• owner

  owner

  Defined · s 2

  “owner”, in relation to any property sold by the Board, includes a person who has purchased a leasehold interest in the property and a purchaser under an agreement for a lease;

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• Town Council

  Town Council

  Defined · s 2

  “Town Council”, in relation to a Town, means the Town Council established under section 4 for that Town;

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• transfer

  transfer

  Defined · s 29

  “transfer” means a conveyance, sale, purchase, assignment, legal or equitable mortgage, charge, surrender or disposal in any manner of any estate or interest in a flat and includes a discharge of a mortgage, a reconveyance or the devolution of the rights of a deceased owner of a flat to another person;

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