Veterans’ Land Regulations — 32
32 (1) A veteran shall not, except with the consent of the Director, erect additional buildings or make alterations to existing buildings on any land that the veteran has contracted to purchase from the Director. (2) Where a veteran or other person who has a subsisting contract of sale of land made pursuant to Part I or III of the Act (a) wishes to obtain a guaranteed home improvement loan under Part V of the National Housing Act for the purpose of financing repairs, alterations and additions to his home on the land to which the contract relates in such an amount and subject to such repayment terms as would require an owner, under ordinary circumstances, to give to the approved lender a mortgage or assignment of his interest in the land, or (b) wishes to obtain a loan under Part VI of the National Housing Act for the purpose of assisting in the repair, rehabilitation and improvement of his home on the land to which the contract relates in such an amount and subject to such repayment terms as would require an owner, under ordinary circumstances, to give to Canada Mortgage and Housing Corporation a mortgage or assignment of his interest in the land, and gives to the Director a non-revocable direction and undertaking to give a mortgage, charge or hypothec in favour of the approved lender or Canada Mortgage and Housing Corporation, as the case may be, if requested by the lender or corporation when title is transferred from the Director to the veteran or other person, the Director may grant permission to obtain the loan. (3) When the Director grants permission to a veteran under subsection (2) to obtain a loan, the direction and undertaking of the veteran forthwith becomes a part of the subsisting contract of sale. (4) Where a veteran or other person who has a subsisting contract of sale with the Director under section 11, 13, 23, 26 or 27 of the Act (a) wishes to obtain, in respect of the land to which that contract applies, a loan or grant under the Provincial Home Acquisition Act of the Province of British Columbia, being chapter 39 of the Statutes of British Columbia 1967, as amended, of such amount and on such repayment terms that an owner would be required, in the case of a loan, to give to the Province a second mortgage of that land and, in the case of a grant, to allow the Province to file against that land a certificate of grant, (b) gives to the Director a non-revocable direction and undertaking that (i) in the case of a loan, he will give to the Province a mortgage of the land to which that contract applies, if required by the Province, when title to the land is transferred from the Director to the veteran or other person, or will repay to the Province the amount of the loan prior to the transfer to title by the Director to the veteran or other person, or (ii) in the case of a grant, he will allow the Province to file against the land a certificate of grant when title to the land is transferred from the Director to the veteran or other person or to repay to the Province the amount of grant prior to the transfer of title from the Director to the veteran or other person, and (c) agrees in writing that the direction and undertaking given pursuant to paragraph (b) is a condition of the subsisting contract of sale, the Director may grant permission to obtain the loan or grant. (5) To facilitate the making of a loan or grant to a veteran or other person by the Province of British Columbia under the Provincial Home Acquisition Act referred to in subsection (4), the Director may enter into an undertaking with the Province not to permit any conveyance, assignment or other disposition, except by way of rescission, of the interest of the veteran or other person under a subsisting contract described in subsection (4) unless the veteran or other person (a) pays to the Province his outstanding indebtedness to the Province under any loan or grant made under that Act; or (b) makes arrangements satisfactory to the Province, for the regis