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Leasehold Reform, Housing and Urban Development Act 1993, Section 114 is up to date with all changes known to be in force on or before 23 November 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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For section 149 of the 1985 Act there shall be substituted the following section—
(1)Where the interest of the landlord in the dwelling-house passes from the landlord to another body after a secure tenant has given a notice claiming to exercise the right to acquire on rent to mortgage terms, all parties shall subject to subsection (2) be in the same position as if the other body—
(a)had become the landlord before the notice was given, and
(b)had been given that notice and any further notice given by the tenant to the landlord, and
(c)had taken all steps which the landlord had taken.
(2)If the circumstances after the disposal differ in any material respect, as for example where—
(a)the interest of the disponee in the dwelling-house after the disposal differs from that of the disponor before the disposal, or
(b)any of the provisions of Schedule 5 (exceptions to the right to buy) becomes or ceases to be applicable,
all those concerned shall, as soon as practicable after the disposal, take all such steps (whether by way of amending or withdrawing and re-serving any notice or extending any period or otherwise) as may be requisite for the purpose of securing that all parties are, as nearly as may be, in the same position as they would have been if those circumstances had obtained before the disposal.”
Commencement Information
I1S. 114 wholly in force at 11.10.1993 (subject to the transitional provisions and savings in Sch. 1 to S.I. 1993/2134) see s. 188(2) and S.I. 1993/2134, art. 4(b)
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