Paragraph 69

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

Sch. para. 3 word substituted by Housing Measure 2011 (Consequential Amendments to Subordinate Legislation) 2012 Sch. para. 2(2)(a)
Sch. para. 5 words substituted by Housing Measure 2011 (Consequential Amendments to Subordinate Legislation) 2012 Sch. para. 2(2)(b)(i)
Sch. para. 5 words inserted by Housing Measure 2011 (Consequential Amendments to Subordinate Legislation) 2012 Sch. para. 2(2)(b)(i)
Sch. para. 5(3) inserted by Housing Measure 2011 (Consequential Amendments to Subordinate Legislation) 2012 Sch. para. 2(2)(b)(ii)
Sch. para. 5(3) word substituted by Housing Measure 2011 (Consequential Amendments to Subordinate Legislation) 2012 Sch. para. 2(2)(b)(iii)
Sch. para. 38(a)(iii) words added by Housing Measure 2011 (Consequential Amendments to Subordinate Legislation) 2012 Sch. para. 2(2)(c)

In Schedule 6, omit Part III (leases) and in Part IV (charges)—

(a)

omit paragraph 20 (grant of lease);

(b)

in paragraph 21 (conveyance of freehold), in sub-paragraphs (2), (3) and (4), for the references to the landlord substitute references to the freeholder; and

(c)

after paragraph 21 insert the following paragraph—

“21A

(1)

This paragraph applies to a charge (however created or arising) on a lease (including the secure tenancy) extinguished by section 139(2) (terms and effect of conveyance and mortgage) when the freehold is conveyed in pursuance of the right to buy.

(2)

The extinguishment of the lease does not affect the personal liability of the landlord or intermediate landlord (as the case may be) or of any other person in respect of any obligation which the charge was created to secure.”.