{
  "url": "https://openlegislation.uk/commonhold-and-leasehold-reform-act-2002/section-126",
  "json_url": "https://openlegislation.uk/commonhold-and-leasehold-reform-act-2002/section-126.json",
  "legislation": "ukpga/2002/15",
  "legislation_title": "Commonhold and Leasehold Reform Act 2002",
  "legislation_url": "https://openlegislation.uk/commonhold-and-leasehold-reform-act-2002",
  "path": "section/126",
  "kind": "section",
  "number": "126",
  "heading": "Valuation date",
  "text": "(1) In Schedule 6 to the 1993 Act (purchase price payable), for “the valuation date” (in each place) substitute “ the relevant date ”.\n(2) In section 18(1) of the 1993 Act (duty to disclose existence of agreements affecting premises etc.), for “valuation date for the purposes of Schedule 6” substitute “ time when a binding contract is entered into in pursuance of the initial notice ”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "S. 126 wholly in force at 31.5.2005; s. 126 not in force at Royal Assent see s. 181(1); s. 126 in force at 28.2.2005 for E. by S.I. 2004/3056, art. 3(a) (with art. 4); s. 126 in force at 31.5.2005 for W. by S.I. 2005/1353, art. 2(a) (with art. 3)"
    }
  ],
  "outstanding_effects": [
    {
      "type": "omitted",
      "affecting": "ukpga/2024/22",
      "affecting_title": "Leasehold and Freehold Reform Act 2024"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2002/15/section/126",
    "retrieved_at": "2026-10-29T09:19:35.598757+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}