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Paragraph 40

Not yet in force

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

(1)

Schedule 6 (purchase price) is amended as follows.

(2)

For “nominee purchaser” (in each place, including the heading) substitute “ RTE company ”.

(3)

For “participating tenant” (in each place) substitute “ participating member of the RTE company ”.

(4)

In paragraph 3(1)(c), for “the tenant” substitute “ the member ”.

(5)

In paragraph 4(2)—

(a)

for “participating tenants, as” substitute “ persons who are participating members of the RTE company immediately before a binding contract is entered into in pursuance of the initial notice, as ”, and

(b)

for “participating tenants, once” substitute “ those participating members, once ”.

(6)

In paragraph 10(2), for “he” substitute “ it ”.