# Building Safety Act 2022, Paragraph 4: No service charge payable where lease below certain value

Extent: E+W

(1) No service charge is payable under a qualifying lease in respect of a relevant measure relating to any relevant defect if the value of the qualifying lease at the qualifying time was less than—
(a) £325,000, if the premises demised by the qualifying lease are in Greater London;
(b) £175,000, in any other case.
(2) For the purposes of this paragraph the value of a qualifying lease at the qualifying time is its value determined in accordance with paragraph 6 and regulations made under it.

---
Source: https://www.legislation.gov.uk/ukpga/2022/30/schedule/8/paragraph/4 (the official version)
Page: https://openlegislation.uk/building-safety-act-2022/schedule-8/paragraph-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.