Protected Areas. 4.3.1 Upon the resale of a Protected Area repurchased property, Firm Scheme Grant recovery as per the Staircasing rules will apply (see below). However, the first sale of shares in a repurchased property will not be deemed an exempt disposal and Firm Scheme Grant will become recoverable immediately the share is sold and a sales receipt realised.
Appears in 2 contracts
Samples: assets.publishing.service.gov.uk, democracy.sheffield.gov.uk
Protected Areas. 4.3.1 Upon the resale of a Protected Area repurchased Repurchased property, Firm Scheme Grant Financial Assistance recovery as per the Staircasing staircasing rules will apply (see below). However, the first sale of shares in a repurchased property will not be deemed an exempt disposal and Firm Scheme Grant Financial Assistance will become recoverable immediately the share is sold and a sales receipt realised.
Appears in 2 contracts
Samples: assets.publishing.service.gov.uk, assets.publishing.service.gov.uk
Protected Areas. 4.3.1 Upon the resale of a Protected Area repurchased Repurchased property, Firm Scheme Grant recovery as per the Staircasing staircasing rules will apply (see below). However, the first sale of shares in a repurchased property will not be deemed an exempt disposal Exempt Disposal and Firm Scheme Grant will become recoverable immediately the share is sold and a sales receipt realised.
Appears in 2 contracts
Samples: moderngov.lambeth.gov.uk, www.london.gov.uk
Protected Areas. 4.3.1 Upon the resale of a Protected Area repurchased Repurchased property, Firm Scheme Grant recovery as per the Staircasing staircasing rules will apply (see below). However, the first sale of shares in a repurchased property will not be deemed an exempt disposal and Firm Scheme Grant will become recoverable immediately the share is sold and a sales receipt realised.
Appears in 1 contract
Samples: Grant Agreement
