SCHEDULES
SCHEDULE 8Enfranchisement by company: amendments
1Land Compensation Act 1973 (c. 26)
1
Section 12A of the Land Compensation Act 1973 (tenants participating in collective enfranchisement or entitled to individual lease extension) is amended as follows.
2
In subsection (2)(b)—
a
in sub-paragraph (i), for “participating tenant in relation to” substitute “
participating member of a RTE company which is making
”
, and
b
in sub-paragraph (ii), for the words from “one” to “made” substitute “
a member of a RTE company which has made an acquisition
”
.
3
In subsection (4), for “nominee purchaser” substitute “
RTE company
”
.
4
In subsection (9), for paragraph (b) substitute—
b
“participating member” and “RTE company” have the same meanings as in Chapter 1 of Part 1 of that Act; and
c
the reference to the making of an acquisition by a RTE company shall be construed in accordance with section 38(2) of that Act.