Dwelling-lIouses Scheme) Regulation~, 1990

B '"

L.N . 1-'0 or 1990

HOME OWNERSIIlP (ENCO URAG EMt; NT) ACT , 1988

(ACT NO.XXVIII OF 1988)

Home Ow ne rship (Encouragenwnl) (Purchase of Priva te

Dwelling-lIouses Scheme) Regulation~, 1990

IN exercise of Ihe powers conferred by section 3 of the Home

Ownership (Encouragement) Act , 1988. the Chainn an of the Housing

Authority. with the approval of the Parliamentary Secretary in the

Mi nistry for Social Pol icy with responsibility for Housing. has made Ihe

following regulations:-

These regulations may be cited as the Home Ownersh ip

(Encouragement) (Pu rchase of Private Dwelling- Houses Scheme)

Regulations, 1990.

( Rcgolarnent 2)

Skerna ta' 1-1990 ghax-Xiri ta- Djar la- Abitanjoni Privati

(Skerna F)

Din I-Iskern a tis!a' tisscjjah I-Iskema ta-I-I990 ghax-Xiri ta'

I.

Djar ta' Abitazzjoni Privati (Ske ma F) u gha nd ha tappJika ghal

appl ikazzjon ijict ghax-xiri ta- djar ta' abitazzjoni li m' humiex proprjet~

tal-Gvern minn peTSuni li ghaJihorn !applika din H skerna,

2. F"din I-I skcm a, l(ernm-iJ darba r-rabta ta l-kl lem mu tehticgx

xon'ohra:-

-applikant~

tfiW;!r persuna li lapptik3 ghax-xiri la- dar ta'

abitazzjoni privata tahl din I- Iskema

'-I-An printipali'- d isse r I-An ta- 1-1988 biex ihajjar Persuni

jsiru Sid Darhom

-' l-Awtorit~'- tfisser t -Awtorit~ tad- Djar , imwaqqfa bl-artikolu

3 ta'1-AII 1<1'1-1976 (jwar I-Awtorit~ ' <ld-DjM

Hbe nditja rju" ghandha j·islcS$ lif5i Ta moghtija li lha fl -a rtiko l u

2ta'1·AII prin6pali;

"tt:nswalist"' tinkludi sub-ccnswul ist;

"dar ta' abi t3zzjoni" ghandha l·isle.\S tifsiTa mogl'lIija lillla fl-

3n ikolu 2 la ' l·A n printi pal i;

Hdar ta' abi tazzjoni priva la" l!isser dar la ' abitaujoni 1i ma

IkunK proprjc til tal-Gvcrn ;

"Gver"" [/isse r il-Gve rn ta' Malta;

"income tOla li lis-sella " ghand ha [· iSiCSS [ifsin moghtija lillla

fis-subkla wto la (4) tal· klawiola S la' din l-Iskema;

~ kcrrci " tin kl udi su ~kondullu r ;

"kurej rik ooo •• ul"' ,!isse r persuna li jkollha da r la' abi tazzjo-

lI i privata b'tilol u la ' kirja minn sid il·ke ra u rikonoxxuto bhala tali

m inA sid il·kera;

"preskri tt"' tfisscr preskrin bl-Awtoritil

"rcsidc nZ3 ordinarja" ma t inklud ix resid enza [a~-saif

"!oe na baii" [fisser is-scna min nufih qabc l is-sc lla li fi ha ssir

applikaujoni taht dilll-Iskema u b' riferenu ghas-subk lawtola (4)

[al-1;131O'1:0I:l 9 lfissc r is-scna minnufi h qabcl is-sena li fih a [ko n

doyula li ssir reyitjoni l ah [ dik is-subklawtola ,

3, (I ) Ku ll min jil; kwalifika hiex jaghmel he kk lall t din 1, Iskc I1la

jiSla' jaghme l :, pplik~lZjo n i fuq il -formol1' prt;'s l;rina lill -Awtoril/l bicx

jilloh ghal ghOljil w' ghajnuna gh:'x-xiri l ad·djar sa bi t;' x jiXl ri dar 13'

abilazzjoni priv ata o k kupata mi nnu bhal a r·residclQa ordi narja t icghu .

(2) I'c~una IIkkwll lifika biex lappli ka [a111 d in I- Iskemo

mct~ . fiu·da ta la'l-applikaujuni

(;, ) I-appl ika lll. jew mart jew icwg l-applik3l1[ fiI -kat la

k"pr;" m iii,e wi\.a . ikun (;i t1;l<.l ill I>hl1 i: u

(h) 1' :0('1,(;1;;, n t u marl j<' w lCW~ 1-:, pplikam, u l-ghMINI jew I-

!lh ;<n'~ li' I·applikan t ikU1II1 rc,idemi [;I' M,dt" u Jku n il h"m hckk

rc,i.knli k"nlinwamclI l gh:ol mhux inq'" minn In".\ ,il xI.har

~,,,,,du !livi minnullh 'I;ohc l id '''''1iI I,,' 1-;'l'l'li k:l7zj"ni: u

(i:) hl~ h.' ara ghad-{/ispt,t iu.junijic[ las-subklawioli (6) u (7)

' a ' din il-k la",-i;"I" . I·a ppl ika nl ikun ke rrej rikonoXXUI jew

a: n,wuli,1 le mpt ,ranju li jkun i" kkuPII ,",hala r-residcnw o rdinarja

lieghu u ·da r I,,' "hitauj" ni priy,,[;, li dw;orha ssir I-applikazzjo ni

whl litulo li jku n dUVUI Ii ji, k,t(.l i Ii i m;c u [iclln sena mid -dma I,d ·

hi d u fis-se hh [;,' din I-lske ma ; u

(d) I-applikalll u manjew zewg I-applikanl. u I-gharu,a,ew I-

gharus ta- l-applikalll_ ikun u kominwamenl o kkupnw id-da r ta-

abitaujoni kif intqal qabel ghal pcrijodu la- mhux inqas minn sen:.

minnufih qabcl l-appl;ka1.jon;.

(3) Persuna mn likkwalifi kax biex tapplika taht din I-Iskem a

jekk I-applikalll jew ma r! jew ic,,·g ]-applikant ,kunu dig~ bbcne fikaw

(a) xi wahda mill -i.kemi pl'u bblikati pcrmel.l lan-

Notifikanjonijiet la l-Gvern Numri 11 u 12 fi]-Oazzeua lal·Ove rn

tas-6Ia'1annar.1987;jew

(b) I-iskema ppubblikala bin-Nolifika1.Zjoni ta l-Ove rn

Numru 138 fiI-Oauettll tal-Overn 13- 1-20 13 ' Fu r. 1987: jew

(c) xi wilhda milHskcmi ppubblikati bin-Notifik:ll.lj"nijicl

tal-Overn Numri 124. 126. 127. 128. 129 u 130 fj]-Oal7.etla 1:11-

Overn las-16 liI' Frar. 1988: jew

(d) xi ghajn una la l\! dik li kienel milghrufa bh:lla -· ]-Iskcnw

lal· Home Ownership·' jew xi ghajnuna ohra bicx pcrsuni jie u

mhajm jsiru sid d:,rhom mid -l)ip:lr!imenl ghllll-A kkolllodrozzjoni

SoCjali jcw mid-Oi p"rlimcn t la· I-Art jew mill-Awloril ~ jtW minn

uhud minnhom nimkien.

(4) Persuna wk oll ma lik kw"lifik ll X biex IlIpplika tah! din I-

Iskema jc k k Ikun ak kwismt arl mill -Overn Ii k ienel gic! (,'proprja!" bis-

sah ha tad-dispotizzjonijiel la· I-An 1:1' I, 1983 dwa r Arci ghall- [i:vilupp "'" I

lal-Bini.

(5) Minkejj,' d-disJXlzinjo nijict tas-subkluwt.ob (3 ) la· din

il -klaWinia. pcrsunlll i libbcne fika , jew likkwalifika I; libhcn" fib . lain

di n I-[skcmn ma tigix skwnlifikma ghal dik ir-mg uni wahcdhu milli

libbclle fik a. wara I·bidu fis·schh la· dawn ir· regolamcnti. tahl I-iskcrna

ppubbli kata bi n· Not ifikazzjoni lal·Gvern Num ru 12-1 fiI-O uaclIa tal-

Overn las-16 ta· Frar. 1988 Jew lahl xi ~ kcma ohm li ti'SOSlilwix:\.h:t.

(6) MCla pcrsuna Ik un sub- kondullur jew suh-tt:ns"·alisl di~

i l -persun~

nm t,kkwali fikax bin laghrncl npplika7,zjoni whl din I-

ISke ma kcm m·il darbn ma tkunx lahqct h ehim ma' d:o,,·~ iI-per.;uni

kflllha Ii min nhorn ikun de n,'m iHilolu wghha .

(7 ) Mcta per..una tkun wkkupa dar tu· abiwuj(>ni privat:o

lahl litolu akk" i'lal mum (Ilk il-pc rsun" fil -21 w· Gunju _ 197'1 .!C '" qa\lel

u li ma hux dovulli jiskadi 1]:obel ikunu glmdocw lletin !o<' n:o minn dik id-

dala_ d,k il-pcrsuna ma l i kkw:l l ifi k:l~ hic~ I:lshmel :lpplikaujnnl l:oht

din I- I, ke ma.

(8)

Mcta pcr..una Ilun InUlI"a dar 1:,' "hit:,zzjOm h Ikun il-

I'rol'rjcl~ ':ol-gcniluri t ic~hu jc,,' ,lar In ' :ohltazzjnnl Ii Ikun il -I'f(\prjct'l

tal -qr;.h" 1,,· 1· ... ,,",,<'1 GClwr;'I.I.~'n i_ dik il ' l)('r,un:o rn.' [i~k""lifibx hicx

taghme l appl ik:oai<!11; ",tu din I-hk.'ma

(9) 8 1a hsara ghad-dispoi:izzjonijicl lal·klawiola 13, kull

spcjjet maghmula mil1-appli kant f'konncssjoni ma' I-applikaujoni

lieghu ma jkunux jislghu jinga bru Iura mill -applikanl sew jekk 1-

applikazzjoni lieghu tigi aUellata sew jekk le.

4_ Applikanl li jkun legalmenl mifrud mill-maralmir-ragel

ghandu jippretenla kopja lad-dc~tjoni I1nali tal-qorti kompclcnli li

tipp ronunzja I-firda Jew kopja la' I-all pubbliku li jaghli dicit lill-l1rda

bil-kunscns tai-zewg mitiewgi n bl-awtorilfl lal-qoni kompclcnli .

5_ ( I) Ghall -fi nijiel la· din I- Iskcma _ I-incomf la' I-applikanl

ghandujinkludi

(a) il-q liegh jcw profilli gross mmn XI sen gh a. negOZju ,

pror .. ssjoni jcw vokanjoni ;

(b) qliegh jew profilli gross minn xi impieg Jew uffictju;

(c) qliegh jcw profilti gross minn bejgh ta- xi proprjelfl jew

mit-lhaddim la- xi impriia Jew skemali tagl'lmel profilti;

(d)

dividendi_ imghax Je w skon ti ;

(e)

kull pcns)oni. charge, somm3 fis-sena jew hlas fis·sc na ;

(f) kera , royalties. premium.'! u ku ll prol1l1 ic:hor li jkun

hcmm minn proprjel:'!;

(ill

il-valur la· prodoll ricevibbli dwar I-uzu la- kapilal _

proprjel~_ iricragh

jew annimali ghaJl -iskop lal-biedja Jew lal-

Irobbija Jew kul1 ~hem minn profilti ri(:cvibbli dwar dak I-utu

(h) l ull benefk'Cju i..,w allowollu socja li

(il bla hsara gh«s--subklawiola (3) la· din il- klawioIH. ku l1

qlicgh Jew profini li jaqgh u lahl id-deskrizzjonijiel fil -paragrafi la·

qabel dan ta· din is--subklawiola _ ba rra minn daw k fiI-paragrafi (3)

u (b) , maghmula mill- maralir-ragel Jew I-ghurusa/l·gh(lrus la ' 1-

applikant

bla hsa ra ghas-subk lawiola (3) la-din il-klawiola , hamsin

(j)

fiI-mi ja (50%) lal-qliegh Jew profini !i j;lqghu lahl xi wahda mid-

dcskrizzjonijiel fil-paragrafi (a) 11 (b) la· din is-su h-kl awiola

maghmula mill -maralir-ragel Je w I-gharusall-gharus la· l-applikltl1l ;

(k)

kull qlicgh Jew profilli ohr:l.

(2 ) Me'a I-appl ikarll. u fiI-kat la- koppja miUewga jew

gharajjes. I-applikant jew il-ma ralir-ragel jew I·gharusa/l-gharus tiegftu.

Jew il-Irlejn_ iku rl u had mu hi qlil'gh matul parli hiss las-se na ba~i_ ;1-

qli egh Jew profi ni minn dak i;x-;xoghol/·igi progl'ttat fro rQ/o ghas-sena

bat; kollha sakemm I-appli kant. i -marali r· rage jew I-gharusa/l·

gharus, skond il-kai_ ikun Qed jahdem bi q1ie~h fid-da ta li fiha 1-

AWlo ritii lircievi I·applikaujoni.

(3) Mct~ l-appl, ltant majkunx badem bi qliegb matul is-sena

baiL id-dispozizzjonij ict tal- paragrafu (j) tas-su bkl~wi.ol'l (I) la' din il -

klawiola ma ghand homx japplikaw u l-qlicgh u I-profitti Itollha li jaqgh u

taht id-deskriujOlt ijiet m-paragrafi (a) u (b) la' l-imscmmij<l

su bltl awiola (1) magh mul a mill -maraJir-ragd jew mill-gharusa/l-gharus

jigu inltluzi fl-income tll' l-applibnt ,

(4) L-incomt totali fis-scna ta' I-applika nt ghandu jkun 1-

income ta' I- applikant stabbilil skond is-subklawiola ( I ) ta ' din il -

Itlawiola li minnu tig; mnaqqsa s-somma la' elf lira Maltij a (Lml ,OOO),

The Scheme enli tled Purcha!oC of Private Dwell ing-Houses

Scheme, 1990(Scheme F) in the Schedule to these regulations sha ll have

effect from the date of the co ming in to force of these regulations for Ihe

encouragement of home ownership in Malta and shall lapse one year

after thal dale.

SCHEDU LE

(Regulation 2)

Purchase o f Private Dwelling- Houses Sche me. 1990

(Scheme F)

I. This Scheme may be ci ted as the Purchase of Private Dwelling-

Houses Scheme. 1990 (Scheme F) and shall 3pply to applications for the

purchase o f dwe lling·houses not the property of Ihe Government by

persons to whom this Scheme applies.

2. In this Scheme, unless the context otherwise req uires: -

~aggregate annual income" has the same meaning assigned 10

it in sub-cla use (4) of clause 5 of this Schem e;

~app l icant~ means a person who applies for the purc hase of a

private dwelling-house under this Scheme

"the AuthorityH means the Housing Au thority established by

section 3 of the Housing Authority Act. 1976;

"basic year" means the yea r immediate ly preceding the year in

whiCh an application under this Scheme is made and with reference

10 sub·dause (4) of clause 9 it means the year immediately

preceding the yea r in which a revision under that sub-clause is due ;

"beneficiary" has the sa me meaning assigned to it in section 2

of the principal Act

has the same meamng assigned \0 it In

-dwe lli ng-house~

sect ion 2 of the principal Act;

"emphylcula includes a sub-emphylcula;

M

- GovernmenC means the Government of Malta;

"ordinary residence" does not include a summer residence;

"prescribed" means prescribed by the Authority;

"the principal Act" means

Home

Owocr.ohip

the

(Encouragement) Act. 1988;

"private dwe ll ing-house" means a dwelling-house wh ich is nOI

the prop<: rty of the Govern ment ;

"recognised te nan t" means I person hold ing a private

dwelling-house under a lilleorrease from the lessor and recognised

as such by the lessor;

"Icnaot" incl udes a sub-tenant.

J . (I) Any person qualified to do so under Ihis Scheme may AppIjea_1o<

make an application on the prescribed form lathe Authori ty requesting ............

a home purchasc assiSlanC(: grant to purchase a private dwelling-house

occupied by him as his ordina ry residence.

(2) A person $hall qualify to ma ke an appl ication under this

Scheme where, on the date of the appl ication

(a) the applican t o r, in the ellse o f a married couple. the

applicant's spouse, is a citi ~en of Malta; and

(b) the applicant and the appl icanCsspouse or fiancc!eJfiancc!

are residents of Malta and have been §O reside nt conti nuously for

not less than twelveconsccutive mon ths immediately preccdingthe

date of the appl icat ion ; and

(c) subject to the provisions of sub-dauses (6) and (7) of this

clause, the app licant is a recognised tena nt o r 8 temporary

e mphyteuta who occupies lIS his o rdinary reside nce the pri va te

dll>'elling-house in respect of which the applicat ion is made under a

tit lc which is d ue to ex pire within 30 years from the date of the

com ing into force of thi s Scheme; and

(d) the applican t and the applieant 'sspo usc or fia nctclfia ncf.!

have continuously occupied the dwelling-house PS aforesaid for a

period of not less than one year immediately preceding the

application.

(3) A person shall nOl qua lify to make an applicati on unde r

this Scheme if the applicant or the ;.pplic.Hu·s SpOIlS<' has already

bene fi ted unde r

u 879

(a) any of toe schemes pu hlished by Govern ment Notices

Numbers 11 and 12 in the Government Gazette ofthe 6th Jan uary .

1987; or

(b) the scheme published by Gove rnment Notice Number

138 in the GovemmcDI Gazette of the 20Ih February. 1987; or

(c) any of the sche mes published by Government Notices

Numbers 124, 126, 127, 128, 129 and ]30 in the Governme nt

Gazette of the 16th February, 1988; or

(d) any assistance under what used to be known as the

" Home Ownership Scheme" or any other assistance for the

encoura~ment of home ownership by th e Department of Social

Housing or by the Land Department or by the Authority o r by any

of them jointly.

(4) A person shall also nOI qualify 10 make an application

under this Scheme if he has acquired land from the Government which

had been e;o;proprialed by virtue of the provisions of rhe Building

Development Areas Act . 1983.

(5) Not",ithstanding the provisions of sub-clause (3) of this

dause, a person who benefits. or qualifies to benefit, undc:rthis Scheme

shall not be disqualified for that reason alone from benefiting. after the

coming into force of these regulalions, under the sche me published by

Government Notice Numbe r 124 in Ihe Governmenl Gazette of the

16th February. 1988 or under any ol he r scheme sub$titu ting il.

(6) Whe re a person is a sub-te nanl or sub-emphyleula Ihal

person shall nOI qualify to make an application under Ihis Scheme unless

he has reached agreement with all those persons from whom his title

derives.

(7) Where a person occupies a private dweling-housc under

a title acquired by that person on or before the 21s1 of June 1979 and

which is not due to e~pire before th e lapse ofthi ny years from that date

such pe rson shall not qualify to make an application under this Scheme.

(8) Where a person occupies a dwelling- house which is the

property of his parents or a dwelling-house which is Ihe prope rl )' of

relatives of the first generation such pe rson shall not qualify IQ make an

application under this Scheme.

(9) Saving the provisions of clause 13, any e~pen ses incurred

by the applicant in connection with his applica tion Sh,1 11 nOI be

recoverable by the appli cant whether or not hi s app lication issucccssful.

All applicant who is legally sepal<l\cd from his spouse: shall

produce a copy of the fi nal judgement of the competent court

pronouncing separation or a copy of the public deed e ffecti ng

separation by mutual consent of the s.pouses wilh Ihe aut hority o f the

competent oourt.

( 1) For Ihe purposes of Ihis ~heme, tlte income of Ihe Aurqa ..

applicant shall include:-

(a) gross gains or profits from any trade, bu~iness. profession

or vocation;

(b)

gross gains or profits from any employment or office;

(c) gross gains or profits arisi ng from the sale of any properly

or from the carrying on or ca rrying Oul of any profit·making

undertaking Or scheme;

(d) dividends. interests o r discounls;

(c)

any pensio n . charge. annuity or annual paymen t;

(f) rems. royalties. premiums and any olher profi ts ari sing

from property

(g) the value of any produce rcceivable in respect of the use

of capital. property, seed or stoc k for the purpose of husbandry o r

any share of profiTS receivable in n:s pecl of such use:;

(h)

any social benefit or allowallcc;

(i) subject to sub-clause (3) of this clause. any gai ns or l"'ofilS

falling under the de sc riptions ill Ihe foregoing paragraphs of this

sub·clause othe r than IhQ5.e in paragraphs (a) and (b). made by the

applicant 's spouse: or fiana!e1fian~;

Ul subject to sub·clause (3) of this clause. fifty pcrccm (50% )

o f the gains or profits falling under any o f the d'::S(:riptions in

pa ragraphs (a) and (b) of this sub-clause made by the applicant's

spouse or t'ia nct'e1fianct';

( k)

any other g,lins or profits.

(2) Where Ihe applicant. and in Ihe case o f ,. married or

eng,lged rouple . the applicanl or his spouse or fiancee/fianc", . or both.

were gainfully occupied during ooly a part of the basic year. th e gains or

profits from such occupation shall be: projC("tcd -pro rata- for the whole

basic year provided that the applicant. spouse or fiancl'e/fianct'. as the

case may be. is gainfully occupied ollt h.:: dmc the Authority rcceiv<:sthe

application .

(3) Where the applicant was not gainfully occupied during

the basic year. the provisions of paragraph 0) o f suJ>.clause (I) of th is

clause shall nOI apply and the en tire gains or profi ts falli n ~ under the

descri ptions in paragraphs (a) and (b) of the &aid suJ>.dause (I) made by

the spouscor fiancecJfiaru:~sh al1 be induded in the applicant's inoome.

(4) The aggregate an nual income of the applican t shall be th e

(I)

income of tile applicant detennin ed in accordance wi th sub-clause

oftlliscla use from which the sum of Ont: thousand Maltese lir; (LmlOOO

shall be deducted.

(1) The applicant sllall give a lllh al info rmation regarding lIis

financial means as he may be required to give by the Authori ty and for

Ihis purpose the applicant shall authorise Ihe Commissioner of Inland

Revenue , the Director of Social Security and any otlle r person as may

be neces&ary, to give the Authority any information concerni ng the

applicant's income during the basic year.

(2) The Authority may require th e applicant to sign a ny

declaration it may consider necessaryfortlle carrying OUt of this Sche me

and Ihe applicant shall allow th e Authori ty to inspect his o rd inary

residence and any olher tenement held by him as tile Authority may

require .

(I) Where an application under this Scheme has been

approved by the AUlbority a home pu rchase assistance grant. tile

amount of wh ich sllall be detennined in accordance with the following

provisions of this dauJiC. shall be paid by the Au thority on tile

publication of the deed of &ale and on behalf o f the purchaser to Ihe

seller on account of the price.

(2) Subject to the provisio ns of SUD-clause (S) of this cla use,

where the dwelling-house to be purchased was built and oom pleted for

habila tion before the 1st of January. 1939. the amount o f the purchase

assistance grant shall be 60% of the agreed price.

(3) Subject 10 the provisions of suJ>.dause (S) of thi s d ause,

where Ihe d .... elling-house 10 be purchased was built and co mpleted for

habitation after Ihe lSI of January, 1939 but before the 151 of Januu ry,

1960, the amount of the purchase assistance grant shall be of 40 % or tile

agreed price.

(4) Subject to the provisions of sub-clause (S) of IlIis clause,

where the dwelling·house to be purchased was built and completed for

habi tat ion on or afte r the 1st of January , 1960, the amoun t of th e

purchase assistance gran t shall be 25% of the agreed price.

(5) Notwithstanding the foregoing provisions of this clause,

the amount o f any purchase assista nce gran t paid under this Scheme

shall in no case exceed the sum of fifteen hundred Maltese !iri

(Lml,500).

"

( I) In any case where, following tile purchase of a private l'ay .... nl.Rd

dwelling- house in purstJ31lOe o f an application approved by the .,..,.....t

Authori ty unde r this Scheme. ground re nl is pa yable by the purchaser.

the amou nt. lerms and conditions for the payment of such grou nd renl

sha ll be those approved by Ihe AUltlOrily and in no case shall t he gro und

Tcnl payable by the purc haser exceed the amount of ground rent

payable immediately be fore t he publication of the deed of sale.

(2) Any perwn whose a pplica tio n under thi s Scheme has

been approved by the Au thorit y. and where the dwellin g-house to be

pu rchased is subj«l l0 the payme m o f ground rent , shall bind himself,

eit he r before or o n the publication of the deed of sale, \0 redeem the

ground ren t so payable in such a way that such person shall beoome the

absolute owne r of the dwelling-house to be pu rchased by that person.

( I) Te n pe rccn t ( 10%) o O Ile agreed purchase price shall be

paid on account of the slIid price by the applicant on the promi se of sa le

agreement and the balance of the price shall be paid on the publica tion

o f the deed of 5<lle.

(2) The applica nt may , after deducting the amount o f the

ho me pu n; hase assistance gran t a nd the aforesaid te n percen t ( 10%)

payment on account. borrow pari of Ihe bal ance o f the purchase price

from a financial insti tution approved by Ihe A ul hori ty but Ihe amoun t of

the loan shall not e Kceed t he limit laid down in the thirdoolum n of Table

A an nexed to this Sche me accordi ng 10 the aggregat e annual incomeof

the applica nt as sho ..... n in the fint column of th e said Table. and shall be

repaya ble wi thin a maximum period o f t .... e nty·five years from the da te

of the publication of the deed of saleor not later than the dale o n which

the a ppli cant becomes sixt y-five years of age, which ever is the earl ie r

Provided Ihalthe amoun t of the loan ..... hich may be borrowed

u aforesaid shall in no case exceed the sum o f 5Cven thousand Maltese

Hri (Lm7 ,00J).

(3) Where an applica nt has ob tai ned a loan in accordance

wi th sub-clau5C (2) o f th is cla use the Authority shall subsidi5C the

interests payable o n the loan so that the interests payable by the

applicant shall be at the rate shown ill the seco nd col umn of Table A

an nexed to th is Scheme according to the aggregate annual income o f the

applicant as shown in the first column of t he same Ta ble. No subsidy

shall be payable whe re the aggregate annual income of the applica nt for

t he basic year exceeds seven thousand Maltese liri ( Lm7.000).

(4) Th e rate o f in teres I payable by the applica nt as aforesa id

Shall be reviSo!d by the Authority every twO yea rs on the basis of the

aggrega te annual income for the basic year and the amount of the

subsi dy payable by the Authority shall also be revised accordingly . The

fi rst revision shall be d ue on th e 1st o f J uly . 1992.

(5) The Authori ty shall ensure th at where t he aggrega te

annual income of the pu rchaser in anyone year is less thanone t housand

seve n hu ndred· Malt ese li ri (Lm 1.700) the payment of mont hly

instal men ts due in repaymem of any loan as a foresaid shall be

suspended for a period o f up 10 three mon ths .... hich may bcex tended by

ru rt her periods of lh rce mon lhs provided that the purchase r sha ll

continue to pay the rale of inte resl payable by him under this Scheme.

"

(I) Any dwelling-house purchased under Ihis Scheme shall

IIOt be transferred under any tille , ot her than causa monis. by Ihe

beoeficiary unless he complies wilh the following provisions o f Ihis

clause.

(2) Whe re th e transfe r is 10 take place within ten years from

the date of the deed of sale under Ihis Scheme the beneficiary shall,

be fore Ihe transfe r u effected, pay to th e Authority and the financial

inslillllion approved by it unde r Ihis Scheme, as Ihe case may be. Ihe

whole or part oflhe valueof the sum total of any granl, subsidy and any

othe r benefil unde r this Scbeme as laid down in Ihe sc<:ond col umn of

Table B annexed to this Scheme according 10 the length of the period

that has passed afler the dale of Ihe deed of sale wilh Ihe Authority as

shown in the first r::olumn of the said Table.

(3) Whe re Ihe transfe r of the dwelling·house purchased

unde r this Scheme is 10 take place after ten years from the date of the

publication of th e deed of sale, the beneficiary sha ll nOl mak e any

payment as provided in sub-clause (2) of this clause but shall give the

Authority one month 's nolice of hu int ention 10 lransfer Ihe said

dwelling·house and Ihe Authori ty shall thereupon terminate any

arrangement for tile subsidy under this Scheme of any inl eresh payable

by Ihe beneficiary.

Relief as provided in paragraph (b) of 5eCIion 3 of Ihe

principal Act is hereby gran led on th e dealh of the beneficiary, and

whe re the bene ficiary is married at the time of Ihe acquisiti'ln of the

dwelling· ho use . also on th e death of 'he beneficiary's spouse in respect

of an y dwelling-house purchased by a beneficiary under this Scheme

and Ihe provisions of section 6 of that Act shall the refore apply therew

Provided that the aforesa i() relief shall only apply in respect of the

firsl seven thousand Maltese liri ( Lm7.000) of the value of the dwelling·

ho~ .

The right is hereby gran ted 10 register under the Housing

(Deoontrol) Ordinance, a dwelling-house purchased by a beneficiary

under this Scheme and the provisions of section 7 of Ihe principal Act

shall therefore apply thereto.

Any application under this Scheme shall be lodged personally

or by registe red mai l by the appl icant with the Authori ty and th al

application shall nOI be accepted unle!iS aa:ompanied by Ihe sum of

twenty Maltese liri (Lm20) as an admi nistrative charge which shall be

refund ed to the applicant on the deed of sale.

(1 ) J f at any time it re1lults thallbe applicanl has made a false

de<:larat io n for the purposes of any application made by him unde r the

provisions of this Sche me the applicant. wil hout prejudice 10 any

punishment for which he may have becom e liable under any o ther law.

shall be liable 10 the paymen t to the AUlhority o f a penalty equivalent to

Ihe amount of any grunt, subsidy and any olher hcnefi t received by the

applicant unde r this Scheme.

(2) Any pe rson who has made a false decla ration as provided

in sob·da usc (I) of this clause shall be disqualified for a pe riod of five

years from bene fit ing from any scheme made with the approval of the

Parliamentary Secrelary responsible for housi ng.

( I) Notwi thstanding anythi ng contained in the foregoing

provisions of this Scheme. the Au thority shall have the right 10 refuse

any application.

(2) The Authority shall have the right to request th e

reva lu atio ll of a tene me nt by an arc hitect designated by it where the

Authority co nsiders this to be necessary.

T ABLE A

(aause 9)

Fi r5t Colu mn

Second Colum n

Thi rd Column

Rateor

Aggregate An nual

Limit of Loan,

Inromeof Applicant

Inlerest

not exceeding Lm7,000.

in Maltese liri

asa pcrccntageof the

balance of

purchase price"

0 - 1.000

0.5%

1,001 - 1.500

1.0%

I ,SOl - 2,000

1.5'0/0

2,001 - 2,SOO

2.0%

2,501 - ),00)

2.5%

3,00] - 3,500

3.0%

350] - 4.(0)

3.5%

4 .001 - 4.500

4.0%

'"

4.501 - 5.(0)

'" "

4.5%

5.001 - 5.500

5.0%

5,50 1 - 6.(0)

5.5%

6.00 1 - 6.500

6.0%

6,50] - 7 ,(0)

6.5 %

7.001 alld over

com mercial rate

TABLE B

(Oause 10)

First Colum ll

Second Column

Period in Years After Date

of Deed of Sale

with the AurhQrity

le~ than 2

2 or more but less than 3 ..... , ........................... .

3 or more but less than 4 ................................. .

4 or more but less than 5 ................................. .

5 or more but less than 6 ................................. .

6 or more but less than 7 ................ ............ ..... .

7 or more but less than 8 ................ ..... ............ .

8 or more but less than 9 .... ............................ .

9 o r more but1ess t han 10 ............................... .

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K .... ,li.

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