Paragraph 30 Entitlement and calculation of shareI1

England and Wales Not yet in force

(1)

This Part of this Schedule applies if there are two or more eligible persons.

(2)

Each eligible person is entitled to be paid a share of the market value of the relevant freehold or notional lease that is determined in accordance with this Schedule.

(3)

An eligible person’s share of the market value is to be determined using this formula—

market value \times \frac{loss suffered by the eligible person}{total losses suffered by all eligible persons}

Annotations

Commencement

I1: Sch. 4 para. 30 not in force at Royal Assent, see s. 124(3)