44.— (1) Subject to subsection (2), this Part applies to a dwelling—

(a) provided by a housing authority under the Housing Acts 1966 to 2009 or by an approved body with the assistance of a housing authority under section 6 of the Act of 1992 or provided under Part V of the Planning and Development Act 2000—

(i) constructed after the coming into operation of this Part, or the construction of which began before the coming into operation of this Part and which is completed after such coming into operation and which is allocated to an eligible household in accordance with an allocation scheme within one year of its completion, or

(ii) which has not previously been let in accordance with an allocation scheme and is vacant on the coming into operation of this Part,

and

(b) and which is of a class of dwelling prescribed for the purposes of this Part as being a class of dwelling to which an incremental purchase arrangement may apply.

(2) (a) This Part does not apply to a dwelling referred to in subsection (1) which is—

(i) an apartment in a designated apartment complex, or

(ii) a dwelling which is a separate and self-contained apartment in a premises, divided into 2 or more apartments, which requires arrangements for the upkeep and management of all or any part of the common areas, structures, works or services other than by the purchaser.

(b) For the purposes of paragraph (a) (i), “apartment” and “designated apartment complex” have the same meaning as they have in section 50.