RIGHT TO BUY REPAYMENT OF DISCOUNT
Minutes:
RESOLVED that:
1. The property detailed in the report is not exempt from the Right of First Refusal.
2. The full discount should be repaid if the property is sold in accordance with the Housing Act 1985.
Reason
The report acknowledges the wide discretion and notes that the Government considers it is justified to waive payment of the right to buy discount in circumstances where repayment would lead to demonstrable personal hardship. It is envisaged that this power will only be used in exceptional circumstances.