Commonhold and Leasehold Reform Act 2002 (c. 15)

Part 2 E+W Leasehold reform

Chapter 2 E+W Collective enfranchisement by tenants of flats

Purchase price E+W

126 Valuation date E+W

(1) In Schedule 6 to the 1993 Act (purchase price payable), for “the valuation date” (in each place) substitute “ the relevant date ”.

(2) In section 18(1) of the 1993 Act (duty to disclose existence of agreements affecting premises etc.), for “valuation date for the purposes of Schedule 6” substitute “ time when a binding contract is entered into in pursuance of the initial notice ”.

Commencement Information

I1 S. 126 wholly in force at 31.5.2005; s. 126 not in force at Royal Assent see s. 181(1); s. 126 in force at 28.2.2005 for E. by S.I. 2004/3056, art. 3(a) (with art. 4); s. 126 in force at 31.5.2005 for W. by S.I. 2005/1353, art. 2(a) (with art. 3)