{
  "url": "https://openlegislation.uk/leasehold-and-freehold-reform-act-2024/schedule-7/paragraph-27",
  "json_url": "https://openlegislation.uk/leasehold-and-freehold-reform-act-2024/schedule-7/paragraph-27.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/7/paragraph/27",
  "kind": "paragraph",
  "number": "27",
  "heading": "Other consequential amendments to the LRHUDA 1993",
  "text": "(1) Schedule 2 (special categories of landlords) is amended as follows.\n(2) In paragraph 1 (interpretation), omit sub-paragraph (2).\n(3) In paragraph 5 (trustees)—\n(a) in sub-paragraph (1), for the words from “sum” to “Chapter I” substitute “share payable to the landlord, as determined under Part 6 of Schedule 4 to the Leasehold and Freehold Reform Act 2024, of the purchase price in respect of the acquisition of the interest,”;\n(b) in sub-paragraph (2)(a), for “premium” substitute “share of the price payable”.\n(4) In paragraph 7 (universities and colleges)—\n(a) in sub-paragraph (1), for the words from “sum” to “Chapter I” substitute “share payable to the landlord, as determined under Part 6 of Schedule 4 to the Leasehold and Freehold Reform Act 2024, of the purchase price in respect of the acquisition of the interest”;\n(b) in sub-paragraph (2)(a), for “premium” substitute “share of the price payable”.\n(5) In paragraph 8 (ecclesiastical landlords)—\n(a) in sub-paragraph (2)(a), omit “or premium”;\n(b) in sub-paragraph (3)(a)—\n(i) in the words before paragraph (i), after “by way of” insert “a share of”;\n(ii) in paragraph (i), for “for any interest in the property on its acquisition” substitute “in respect of the acquisition of any interest in the property”;\n(iii) in paragraph (ii), for “a premium” substitute “the price payable”;\n(c) in sub-paragraph (4)(b)—\n(i) in the words before paragraph (i), after “by way of” insert “a share of”;\n(ii) in paragraph (i), for “for any interest in property on its acquisition” substitute “in respect of the acquisition of any interest in property”;\n(iii) in paragraph (ii), for “a premium” substitute “the price payable”.",
  "extent": "E+W",
  "status": "prospective",
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Sch. 7 para. 27 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/7/paragraph/27",
    "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."
}