5.Part 1 of the Act covers conversion of long leases to ownership.
6.Part 2 covers conversion of certain leasehold conditions to real burdens.
7.Part 3 covers allocation of rents and renewal premiums.
8.Part 4 covers compensation for loss of landlord’s rights.
9.Part 5 covers exemption from conversion and continuing leases.
10.Part 6 covers general and miscellaneous matters.
Text created by the Scottish Government to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes were introduced in 1999 and accompany all Acts of the Scottish Parliament except those which result from Budget Bills.
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