Commonhold and Leasehold Reform Act 2002
2002 CHAPTER 15
Commentary on the Sections: Part 1
Purchase price
Section 126: Valuation date
219.Section 126 amends Schedule 6 to the 1993 Act to provide that the various values included in the price payable by the RTE company shall be determined as at the ‘relevant date’ – that is, the date of service of the initial notice – instead of as at the ‘valuation date’ – that is, the date at which it has been agreed or determined what freehold interests will be acquired by the company.
- Previous
- Explanatory Notes Table of contents
- Next