35 Les Cloches: Request for transfer of deferred payment bond

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A decision made on 26 April 2011:

Decision Reference: MD-H-2011-0051
Decision Summary Title :	DS – Request for transfer of deferred payment bond – 35 les Cloches		Date of Decision Summary:	26th April 2011
Decision Summary Author:	Director of Strategic Development		Decision Summary: Public or Exempt? (State clauses from Code of Practice booklet)	Public
Type of Report: Oral or Written?	Written		Person Giving Oral Report:	N/A
Written Report Title :	WR- Request for transfer of deferred payment bond – 35 Les Cloches, St Clement		Date of Written Report:	20th April 2011
Written Report Author:	Director of Strategic Development		Written Report : Public or Exempt? (State clauses from Code of Practice booklet)	Exempt 3.2.1(i)
Subject: To consider a request for the cancellation of deferred payment bond
Decision(s): The Minister refused the request to permit the bond in respect of 35 Les Cloches, St Clement, to be transferred from joint to sole name.
Reason(s) for Decision: Allowing the transfer would be inconsistent with the principles of the scheme which sought to give buyers assistance on the initial purchase only based on their specific needs.
Resource Implications: No financial or resource implications.
Action required: Director of Strategic Development to communicate decision to the parties concerned.
Signature:		Position: MINISTER
Date Signed:		Date of Decision (If different from Date Signed):