{
  "url": "https://openlegislation.uk/leasehold-reform-housing-and-urban-development-act-1993/schedule-13/paragraph-7",
  "json_url": "https://openlegislation.uk/leasehold-reform-housing-and-urban-development-act-1993/schedule-13/paragraph-7.json",
  "legislation": "ukpga/1993/28",
  "legislation_title": "Leasehold Reform, Housing and Urban Development Act 1993",
  "legislation_url": "https://openlegislation.uk/leasehold-reform-housing-and-urban-development-act-1993",
  "path": "schedule/13/paragraph/7",
  "kind": "paragraph",
  "number": "7",
  "heading": null,
  "text": "(1) The diminution in value of any intermediate leasehold interest is the difference between—\n(a) the value of that interest prior to the grant of the new lease; and\n(b) the value of that interest once the new lease is granted.\n(2) Each of those values shall be determined, as at the relevant date, in accordance with paragraph 8.",
  "extent": "E+W",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in Sch. 13 para. 7 substituted (26.7.2002 for E. and 1.1.2003 for W.) by Commonhold and Leasehold Reform Act 2002 (c. 15), s. 134; S.I. 2002/1912, art. 2(b)(i) (subject to Sch. 2); S.I. 2002/3012, art. 2(b)(i) (subject to Sch. 2)"
    }
  ],
  "outstanding_effects": [
    {
      "type": "omitted",
      "affecting": "ukpga/2024/22",
      "affecting_title": "Leasehold and Freehold Reform Act 2024"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/1993/28/schedule/13/paragraph/7",
    "retrieved_at": "2026-10-29T09:35:01.928287+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."
}