Paragraph 24 IntroductionI1

England and Wales Not yet in force

(1)

This Part of this Schedule sets out the standard valuation method.

(2)

The standard valuation method consists of steps 1 to 3 (see paragraph 25, paragraph 27 or 28, and paragraph 29).

(3)

There are two versions of step 2—

(a)

the version in paragraph 27 applies to freehold enfranchisements;

(b)

the version in paragraph 28 applies to lease extensions.

Annotations