# Leasehold Reform Act 1967, Section 24: Application of price or compensation received by landlord, and charge of betterment levy on enfranchisement.

Extent: E+W

(1) Any sum received by the landlord by way of the price payable for a house and premises under section 9 above, or by way of compensation under any provision of this Part of this Act providing for compensation to be recovered by or awarded to a landlord,—
(a) where the interest of the landlord is subject to a trust of land shall be dealt with as if it were proceeds of sale arising under the trust; ...
(b) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

---
Source: https://www.legislation.gov.uk/ukpga/1967/88/section/24 (the official version)
Page: https://openlegislation.uk/leasehold-reform-act-1967/section-24
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.