OpenLegislation

Paragraph 8

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

—Any owner of, or other person interested in, premises on which an annuity has been charged by any such charging order shall at any time be at liberty to redeem the annuity on payment to the local authority or other person entitled thereto of such sum as may be agreed upon or, in default of agreement, determined by the Secretary of State.

Notes on Schedule 9

Modifications

C1

Sch. 9 applied (27.8.1993) by 1993 c. 11, ss. 62(2)(a)(ii), 68(2).