Regulation 6 Early repayment
(1)
The owner of, or any other person interested in, any property subject to a repayment charge may at any time redeem the repayable amount early by paying to the registered social landlord—
(a)
such sum as the owner or other person may agree with the registered social landlord; or
(b)
failing such agreement, such a sum as an arbiter may determine.
(2)
The arbiter will be appointed by the Scottish Arbitration Centref1.
(3)
The Arbitration (Scotland) Act 2010f2 will govern any such arbitration.
Annotations
Footnotes
- f1
-
The Scottish Arbitration Centre is a company limited by guarantee, registered in Scotland with company number SC394779.
- f2