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Paragraph 1

England and Wales

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

In this Schedule—

  • F1. . .

  • “intermediate leasehold interest” means the interest of the tenant under a lease which is superior to the lease held by a qualifying tenant of a flat contained in the specified premises, to the extent that—

    1. (a)

      any such interest is to be acquired by the nominee purchaser by virtue of section 2(1)(a), and

    2. (b)

      it is an interest in the specified premises;

  • F2...

(2)

Parts II to IV of this Schedule have effect subject to the provisions of Parts V and VI (which relate to interests with negative values).

Annotations

Textual amendments

F1

Definition in Sch. 6 para. 1(1) repealed (1.10.1996) by 1996 c. 52, ss. 107, 227, Sch. 10 para. 18(2)(a), Sch. 19 Pt.V; S.I. 1996/2212, art. 2(2) (with savings in Sch.)

F2

Words in Sch. 6 para. 1(1) repealed (28.2.2005 for E., 31.5.2005 for W.) by Commonhold and Leasehold Reform Act 2002 (c. 15), s. 181(1), Sch. 14; S.I. 2004/3056, art. 3(j); S.I. 2005/1353, art. 2(j)

Notes on Schedule 6

Commencement

I1

Sch. 6 wholly in force at 1.11.1993 see s. 188(2) and S.I. 1993/2134, art. 5