# Commonhold and Leasehold Reform Act 2002, Section 136: Disregard of marriage value in case of very long leases


(1) Paragraph 4 of Schedule 13 to the 1993 Act (meaning of marriage value) is amended as follows.
(2) In sub-paragraph (2), insert at the beginning “ Subject to sub-paragraph (2A), ”.
(3) After that sub-paragraph insert—
“(2A) Where at the relevant date the unexpired term of the tenant’s existing lease exceeds eighty years, the marriage value shall be taken to be nil.”

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Source: https://www.legislation.gov.uk/ukpga/2002/15/section/136 (the official version)
Page: https://openlegislation.uk/commonhold-and-leasehold-reform-act-2002/section-136
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.