Search Legislation

The Housing (Extension of Right to Buy) Order 1993

What Version

 Help about what version
  • Latest available (Revised)
  • Original (As made)

Status:

This is the original version (as it was originally made). This item of legislation is currently only available in its original format.

70.  In Schedule 6A(1) (redemption of freeholder’s share)—

(a)throughout, for the references to landlord substitute references to freeholder;

(b)in paragraphs 1(1) (obligation to redeem freeholder’s share in certain circumstances), 2(1) (right to redeem freeholder’s share at any time), 6(1) (right to make interim payment at any time), 9 (costs of independent valuation), 10 (no charges to be made by freeholder) and 11 (other covenants and provisions), omit the words “or grant”;

(c)in paragraph 1, sub-paragraph (2)(a) (definition of excluded disposal), omit the words “or an assignment of the lease”;

(d)after paragraph 7 (freeholder’s reduced share and interim discount), insert the following paragraph—

Apportionment of interim and final payments

7A.(1) In a case to which section 150B (power to agree final apportionment does not apply, the freeholder, on receiving an interim or final payment, shall pay to the authority or body which immediately before completion was the landlord or an intermediate landlord of the dwelling-house and to any rent owner of a rentcharge which was then charged on or issued out of the lease of any such authority or body, an amount calculated by multiplying the amount of the payment by the apportionment fraction applicable to that authority, body or person, ascertained in accordance with section 138A (apportionment of purchase price).

(2) No payment shall be made under sub-paragraph (1) in relation to a lease of the dwelling-house if it was a lease for a term certain and the residue of the term unexpired immediately before completion was a period of less than twelve months or if it was a periodic tenancy.

(3) In this paragraph “rentcharge” and “rent owner” have the same meanings as in the Rentcharges Act 1977 and “apportionment factor” has the meaning given by section 138A(2).; and

(e)in paragraph 8, omit sub-paragraph (4)(c)(ii) and sub-paragraph (6)(b) and (c).

(1)

Schedule 6A was inserted by section 117 of the Leasehold Reform, Housing and Urban Development Act 1993.

Back to top

Options/Help

Print Options

Close

Legislation is available in different versions:

Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.

Original (As Enacted or Made):The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.

Close

Opening Options

Different options to open legislation in order to view more content on screen at once

Close

More Resources

Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as enacted version that was used for the print copy
  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • correction slips
  • links to related legislation and further information resources