SCHEDULES
SCHEDULE 11Administration charges
Part 1F1Administration charges
Annotations:
Amendments (Textual)
2AF2No administration charge payable for certain rents
1
No administration charge is payable for, in connection with or in respect of, the payment of a relevant rent.
2
A “relevant rent” is a rent (or any part of a rent) which, by virtue of the Leasehold Reform (Ground Rent) Act 2022, is permitted only to be a peppercorn rent.
3
“Peppercorn rent” has the same meaning as in that Act (see section 4(3) of that Act).
Sch. 11 Pt. 1 heading substituted (30.6.2022 for specified purposes, 1.4.2023 in so far as not already in force) by Leasehold Reform (Ground Rent) Act 2022 (c. 1), ss. 18(2), 25(2) (with s. 23); S.I. 2022/694, regs. 2, 3, 4