# Ground Rents Act (Northern Ireland) 2001, Paragraph 1


The redemption money appropriate to a ground rent is the sum produced by multiplying the yearly amount of the ground rent by the figure fixed under paragraph 2 as the number of years purchase applicable to that ground rent.

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Source: https://www.legislation.gov.uk/nia/2001/5/schedule/1/paragraph/1 (the official version)
Page: https://openlegislation.uk/ground-rents-act-northern-ireland-2001/schedule-1/paragraph-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.