Paragraph 8

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

Sch. 9 words substituted by Commonhold and Leasehold Reform Act 2002 Sch. 8 para. 43
Sch. 9 para. 1(1) words substituted by Leasehold and Freehold Reform Act 2024 s. 32(5)(a)
Sch. 9 Pt. 3A inserted by Leasehold and Freehold Reform Act 2024 s. 32(5)(b)
Sch. 9 para. 10(3) inserted by Leasehold and Freehold Reform Act 2024 s. 32(5)(c)
Sch. 9 para. 16(2) words substituted by Leasehold and Freehold Reform Act 2024 s. 32(5)(d)
Sch. 9 para. 3A and cross-heading inserted by Leasehold and Freehold Reform Act 2024 Sch. 8 para. 21

The lease shall be a lease granted for a term of 999 years at a peppercorn rent.

Notes on Schedule 9

E1: Sch. 9 wholly in force at 1.11.1993 see s. 188(2) and S.I. 1993/2134, art. 5