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Paragraph 7 Leasehold Reform Act 1967

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

In section 4(1) (meaning of “low rent”)—

(a)

after “yearly rate” insert—

“(i)

if the tenancy was entered into before 1st April 1990 or (where the property had a rateable value on 31st March 1990) is entered into on or after 1st April 1990 in pursuance of a contract made before that date,”, and

(b)

after “term” insert—

“(ii)

if the tenancy is entered into on or after 1st April 1990 (otherwise than, where the property had a rateable value on 31st March 1990, in pursuance of a contract made before 1st April 1990), more than £1,000 if the property is in Greater London and £250 if the property is elsewhere”.

Annotations

Footnotes

f1

1967 c. 88.