# Commonhold and Leasehold Reform Act 2002, Paragraph 40

Status: prospective

(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 ”.

---
Source: https://www.legislation.gov.uk/ukpga/2002/15/schedule/8/paragraph/40 (the official version)
Page: https://openlegislation.uk/commonhold-and-leasehold-reform-act-2002/schedule-8/paragraph-40
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.