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Regulation 7 Requirements for new-build properties

Original text. Later amendments are not shown.

A property meets the requirements in this regulation where the building—

(a)

was built principally with the use of the labour or resources of the first owner (including where the resource was a loan which the first owner was liable to repay), and

(b)

has not, while it was built or at any subsequent time been owned wholly or partly by a person who is not an individual.