(1) Notwithstanding any other provision of this Chapter sections 372M and 372N shall not apply -
(a) in respect of expenditure incurred on the construction or refurbishment of a building or structure or a qualifying premises -
(i) where a property developer is entitled to the relevant interest, within the meaning of section 269, in relation to that expenditure, and
(ii) either the person referred to in subparagraph (i) or a person connected (within the meaning of section 10) with that person incurred the expenditure on the construction or refurbishment of the building, structure or premises concerned,
(aa) in respect of expenditure incurred on or after 6 April 2001 on the construction or refurbishment of a building or structure or a qualifying premises where any part of such expenditure has been or is to be met, directly or indirectly, by grant assistance or any other assistance which is granted by or through the State, any board established by statute, any public or local authority or
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