14ELimitation on eligibility for grants

14E Limitation on eligibility for grants

(1) Notwithstanding sections 14, 14A and 14C: (a) a person is not an eligible person for the purposes of this Act if the date that would be the prescribed date in relation to the person if he were an eligible person is a date later than 31 December 1976; and (b) in the case of a person in relation to whom the prescribed date would be later than 21 August 1976—the person is not an eligible person unless acceptable savings were held by the person or his or her spouse, or by the person jointly with his or her spouse, throughout the period that commenced on 21 August 1973 and ended immediately before the prescribed date. (2) For the purposes of the application of paragraph (1)(b) in determining whether a married person is an eligible person for the purposes of this Act, any savings held by the spouse of the person (other than savings held jointly with the person) shall be disregarded unless the requirements of paragraphs 14(1)(b), (c), (e), (g) and (h) would be satisfied in relation to the spouse if the references in those paragraphs to the person were references to the spouse.