# Leasehold Reform, Housing and Urban Development Act 1993, Paragraph 11

Extent: E+W

(1) In the case of any such freehold interest as is mentioned in paragraph 10(1), paragraph 3 shall apply for determining the value of the interest with such modifications as are appropriate to relate it to a sale of the interest subject (where applicable) to any leases intermediate between that interest and any lease held by a qualifying tenant of a flat contained in the specified premises.
(2) In the case of any such leasehold interest as is mentioned in paragraph 10(2), then—
(a) (unless paragraph (b) below applies) paragraph 3 shall apply as mentioned in sub-paragraph (1) above;
(b) if it is the interest of the tenant under a minor intermediate lease within the meaning of paragraph 7, sub-paragraphs (2) to (10) of that paragraph shall apply with such modifications as are appropriate for determining the value of the interest.
(3) In its application in accordance with sub-paragraph (1) or (2) above, paragraph 3(6) shall have effect as if the reference to paragraph 14(2) were a reference to paragraph 18(2).
(4) In its application in accordance with sub-paragraph (2) above, paragraph 3(1A) shall have effect with the addition after paragraph (a) of—
“(aa) an owner of a freehold interest in the specified premises, or”

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Source: https://www.legislation.gov.uk/ukpga/1993/28/schedule/6/paragraph/11 (the official version)
Page: https://openlegislation.uk/leasehold-reform-housing-and-urban-development-act-1993/schedule-6/paragraph-11
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.