Paragraph 11
A lease shall be for the appropriate term defined in paragraph 12 (but subject to sub-paragraph (3) of that paragraph) and at a rent not exceeding £10 per annum F1or, if the lease is a regulated lease within the meaning of the Leasehold Reform (Ground Rent) Act 2022, the rent permitted by that Act, and the following provisions have effect with respect to the other terms of the lease.
Annotations
Textual amendments
- F1
Words in Sch. 6 para. 11 inserted (30.6.2022 for specified purposes, 1.4.2023 in so far as not already in force) by Leasehold Reform (Ground Rent) Act 2022 (c. 1), ss. 19(3), 25(2) (with s. 23); S.I. 2022/694, regs. 2, 3, 4