Paragraph 2 Reasonableness of administration chargesI1

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

Sch. 11 para. 4 omitted by Leasehold and Freehold Reform Act 2024 s. 61(a)
Sch. 11 para. 4A 4B and cross-heading inserted by Leasehold and Freehold Reform Act 2024 s. 61(b)
Sch. 11 para. 5A omitted by Leasehold and Freehold Reform Act 2024 s. 62(7)(a)
Sch. 11 para. 5B 5C and cross-heading inserted by Leasehold and Freehold Reform Act 2024 s. 62(7)(b)
Sch. 11 para. 5B applied by 1985 c. 70, s. 30J(4) (as inserted) by Leasehold and Freehold Reform Act 2024 s. 63

A variable administration charge is payable only to the extent that the amount of the charge is reasonable.

Annotations

I1: Sch. 11 wholly in force at 30.3.2004; Sch. 11 not in force at Royal Assent see s. 181(1); Sch. 11 in force at 30.9.2003 for E. by S.I. 2003/1986, art. 2(c)(i) (with Sch. 2); Sch. 11 in force at 30.3.2004 for W. by S.I. 2004/669, art. 2(c)(i) (with Sch. 2)

F1: Sch. 11 Pt. 1 heading substituted (30.6.2022 for specified purposes, 1.4.2023 in so far as not already in force) by Leasehold Reform (Ground Rent) Act 2022 (c. 1), ss. 18(2), 25(2) (with s. 23); S.I. 2022/694, regs. 2, 3, 4