Paragraph 1 Interpretation

In this Schedule –

• “the 1925 Act” means the Law of Property Act 1925^f1;

• “grant” means the grant of an estate in fee simple absolute in accordance with section 104(1)(a) by the public sector landlord to the applicant;

• “lease” means the grant of a lease in accordance with section 104(1)(b) by the applicant to the public sector landlord;

• “grantor” means the person or body who makes the grant or grants the lease; and

• “grantee” means the person or body to whom the grant is made or the lease granted;

• “public sector landlord” means the landlord as defined in these Regulations;

• “relevant secure tenancy” means the secure tenancy of the flat in question in favour of the tenant who immediately prior to completion of the grant had a secure tenancy of that flat;

• “right to buy lease” means a lease granted by the public sector landlord under Part V of the 1985 Act;

• “tenancy subsisting at the time of acquisition” includes a relevant secure tenancy.