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Paragraph 2

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

The reference in the definition of “distributable capital money” in paragraph 1 above to facilitating the disposal of other property and relevant land includes a reference to monies applied in maintaining, managing and improving the property save that, in the case of relevant land which includes or comprises a building or other structure, it includes the application of such monies only so far as is attributable to wholly unoccupied property or the unoccupied part of partially occupied property.