{
  "url": "https://openlegislation.uk/leasehold-and-freehold-reform-act-2024/schedule-4/paragraph-10",
  "json_url": "https://openlegislation.uk/leasehold-and-freehold-reform-act-2024/schedule-4/paragraph-10.json",
  "legislation": "ukpga/2024/22",
  "legislation_title": "Leasehold and Freehold Reform Act 2024",
  "legislation_url": "https://openlegislation.uk/leasehold-and-freehold-reform-act-2024",
  "path": "schedule/4/paragraph/10",
  "kind": "paragraph",
  "number": "10",
  "heading": "Leases already extended under the old law in the LRA 1967",
  "text": "(1) This paragraph applies only to—\n(a) the transfer of a freehold house under the LRA 1967, or\n(b) the grant of an extended lease of a house under the LRA 1967.\n(2) The standard valuation method is not compulsory for the property comprised in the current lease if that lease is a pre-commencement lease granted under section 14 of the LRA 1967.\n(3) A lease granted under section 14 of the LRA 1967 is a “pre-commencement” lease unless it is granted in accordance with sections 14 and 15 of the LRA 1967 as amended by sections 33(1) and 34 of this Act (under which a lease will be extended by 990 years at a peppercorn rent on payment of a premium).",
  "extent": "E+W",
  "status": "prospective",
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Sch. 4 para. 10 not in force at Royal Assent, see s. 124(3)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2024/22/schedule/4/paragraph/10",
    "retrieved_at": "2026-11-07T03:34:48.566347+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}