SCHEDULES

SCHEDULE 6Purchase price payable by nominee purchaser

Part IIFreehold of specified premises

Price payable for freehold of specified premises

2

1

Subject to the provisions of this paragraph, the price payable by the nominee purchaser for the freehold of the specified premises shall be the aggregate of—

a

the value of the freeholder’s interest in the premises as determined in accordance with paragraph 3,

b

the freeholder’s share of the marriage value as determined in accordance with paragraph 4, and

c

any amount of compensation payable to the freeholder under paragraph 5.

2

Where the amount arrived at in accordance with sub-paragraph (1) is a negative amount, the price payable by the nominee purchaser for the freehold shall be nil.