# The Common Parts Grant (Eligible Expense Limits) Order 1987, Article 3: Eligible expense limit


(1) The prescribed amount, for the purposes of section 498F of the Housing Act 1985 is the amount ascertained in accordance with the following formula —
PA=ELB×RFATFA where —
PA=the prescribed amount,
ELB=the eligible expense limit of the building,
RFA=the residential floor area of the building,
TFA=the total floor area of the building.
(2) For the purposes of paragraph (1) above, the eligible expense limit of the building shall be —
(a) for the buildings situated in Greater London, £10,000 + £3,500 per storey in excess of 2 storeys + £320 per 10 square metres of total floor area;
(b) for buildings elsewhere in England and Wales, £8,500 + £3,000 per storey in excess of 2 storeys + £275 per 10 square metres of total floor area.

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Source: https://www.legislation.gov.uk/uksi/1987/2276/article/3 (the official version)
Page: https://openlegislation.uk/common-parts-grant-eligible-expense-limits-order-1987/article-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.