# Leasehold and Freehold Reform Act 2024, Paragraph 32: Lease extensions: the “eligible persons” and “qualifying transactions”

Extent: E+W
Status: prospective

(1) In the case of a lease extension, a person is an “eligible person” if —
(a) the statutory lease is granted in whole or in part out of a relevant interest of the person, or
(b) the whole or a part of a relevant interest of the person is deemed to be surrendered and regranted under the LRA 1967 or the LRHUDA 1993 as a result of the claim for the lease extension, or
(c) the person is the landlord under a lease which is varied under paragraph 12A of Schedule 1 to the LRA 1967 or paragraph 12 of Schedule 11 to the LRHUDA 1993 as a result of the lease extension.
(2) The eligible person’s “qualifying transaction” is—
(a) where sub-paragraph (1)(a) or (b) applies, the grant of the statutory lease, or
(b) where sub-paragraph (1)(c) applies, the variation of the lease.

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Source: https://www.legislation.gov.uk/ukpga/2024/22/schedule/4/paragraph/32 (the official version)
Page: https://openlegislation.uk/leasehold-and-freehold-reform-act-2024/schedule-4/paragraph-32
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.