Just for info, the reg is now HBR 7(7) <2006 regs etc>.
Also, one other point that is often overlooked in relation to this provision.
It can only apply if the clmt is NOT liable to make payments in respect of the new dwelling. If the clmt is in fact liable, HB CANNOT be paid under HBR 7(7).
Other than that, I agree with Lostdog's post.
Regards
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