# Housing Act 1985, Paragraph 3


The value of the landlord’s share shall be determined by the formula -
VS=V×S100and the amount required to redeem that share shall be determined by the formula—
R=VS-Dwhere—
VS = the value of the landlord’s share;
V = the value of the dwelling-house (agreed or determined in accordance with paragraph 8);
S = the landlord’s share expressed as a percentage;
R = the amount required to redeem the landlord’s share;
D = the amount of the final discount (if any) which is applicable under paragraphs 4 and 5.

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Source: https://www.legislation.gov.uk/ukpga/1985/68/schedule/6A/paragraph/3 (the official version)
Page: https://openlegislation.uk/housing-act-1985/schedule-6A/paragraph-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.