3S—The purchasing authority shall, within the period of three months beginning with the making of a request under paragraph 2, serve on the person so entitled [F1an offer to purchase] in writing specifying the proposed terms and conditions including those that are reasonably necessary to enable the authority to receive a good and marketable title and stating their opinion as to the value of the interest to be acquired.
Textual Amendments
F1Words substituted (retrospectively) by Housing (Scotland) Act 1988 (c. 43, SIF 61), s. 72(1), Sch. 7 para. 29