No incentive is available unless:
(a) one of the following applies:
(i) the dwelling was not lived in as a residence before the incentive period for the allocation begins;
(ii) the dwelling was unfit for living in and after being made fit for living in was not lived in as a residence before the incentive period for the allocation begins; and
(b) before the dwelling is first rented under the Scheme, there was a certificate of occupancy for the dwelling.