# Leasehold and Freehold Reform Act 2024, Paragraph 3: Retirement housing leases

Extent: E+W
Status: prospective

(1) A lease that—
(a) is a retirement housing lease, and
(b) meets any further conditions which may be specified in regulations made by the Secretary of State.
(2) A lease is a retirement housing lease if—
(a) it is a term of the lease that the house comprised in the lease may be occupied only by persons who have attained a minimum age,
(b) that minimum age is not less than 55, and
(c) the house comprised in the lease is part of a retirement development or scheme in which the leases of all the houses in that development or scheme meet the requirements set out in paragraphs (a) and (b).
(3) A statutory instrument containing regulations made under sub-paragraph (1)(b) is subject to the negative procedure.

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Source: https://www.legislation.gov.uk/ukpga/2024/22/schedule/1/paragraph/3 (the official version)
Page: https://openlegislation.uk/leasehold-and-freehold-reform-act-2024/schedule-1/paragraph-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.