1925 c. 24.

1967 c. 1.

http://www.legislation.gov.uk/ukpga/1967/88/section/24/enactedLeasehold Reform Act 1967Extensions to buildingsCouncil housingKing's Printer of Acts of Parliament2022-02-02PART IEnfranchisement and Extension of Long LeaseholdsSupplementary
24Application of price or compensation received by landlord, and charge of betterment levy on enfranchisement.1

Any sum received by the landlord by way of the price payable for a house and premises under section 9 above, or by way of compensation under any provision of this Part of this Act providing for compensation to be recovered by or awarded to a landlord,—

a

where the interest of the landlord is held on trust for sale shall be dealt with as if it were proceeds of sale arising under the trust; and

b

where the landlord is a university or college to which the Universities and College Estates Act 1925 applies, shall be dealt with as if it were an amount payable as consideration on a sale effected under that Act.

2

For purposes of Part III of the Land Commission Act 1967 any conveyance executed to give effect to section 8 above shall be deemed to be a conveyance on sale of any interest transferred (or, as regards a tenancy, an assignment on sale of it), and the price payable for the interest under section 9 shall be deemed to be consideration payable in respect of the disposition of that interest.

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<ukm:AffectedTitle>Leasehold Reform Act 1967</ukm:AffectedTitle>
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<ukm:Section xmlns:err="http://www.legislation.gov.uk/namespaces/error" Ref="section-7A" URI="http://www.legislation.gov.uk/id/ukpga/1967/88/section/7A" err:Ref="Section missing in legislation" Missing="true">s. 7A</ukm:Section>
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<ukm:AffectingTitle>Leasehold and Freehold Reform Act 2024</ukm:AffectingTitle>
<ukm:AffectingProvisions>
<ukm:Section Ref="section-46" URI="http://www.legislation.gov.uk/id/ukpga/2024/22/section/46">s. 46</ukm:Section>
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<ukm:UnappliedEffect AffectedProvisions="s. 1(1C)" AffectingNumber="22" AffectingEffectsExtent="E+W" AffectedClass="UnitedKingdomPublicGeneralAct" AffectingURI="http://www.legislation.gov.uk/id/ukpga/2024/22" Modified="2024-10-18T11:30:09Z" AffectedNumber="88" Row="314" AffectingClass="UnitedKingdomPublicGeneralAct" AffectedYear="1967" AffectedURI="http://www.legislation.gov.uk/id/ukpga/1967/88" URI="http://www.legislation.gov.uk/id/effect/key-5a69f76b72916f6352893153bf496c13" RequiresApplied="true" Type="inserted" AffectingProvisions="Sch. 3 para. 4(2)" EffectId="key-5a69f76b72916f6352893153bf496c13" AffectingYear="2024">
<ukm:AffectedTitle>Leasehold Reform Act 1967</ukm:AffectedTitle>
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<ukm:Section Ref="section-1-1C" URI="http://www.legislation.gov.uk/id/ukpga/1967/88/section/1/1C" FoundRef="section-1">s. 1(1C)</ukm:Section>
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<ukm:AffectingTitle>Leasehold and Freehold Reform Act 2024</ukm:AffectingTitle>
<ukm:AffectingProvisions>
<ukm:Section Ref="schedule-3" URI="http://www.legislation.gov.uk/id/ukpga/2024/22/schedule/3">Sch. 3 </ukm:Section>
<ukm:Section Ref="schedule-3-paragraph-4-2" URI="http://www.legislation.gov.uk/id/ukpga/2024/22/schedule/3/paragraph/4/2">para. 4(2)</ukm:Section>
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<ukm:Section Ref="section-124-3" URI="http://www.legislation.gov.uk/id/ukpga/2024/22/section/124/3">s. 124(3)</ukm:Section>
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<ukm:UnappliedEffect RequiresApplied="true" AffectedYear="1967" Type="inserted" AffectingNumber="22" Row="315" AffectedNumber="88" AffectingURI="http://www.legislation.gov.uk/id/ukpga/2024/22" AffectingProvisions="Sch. 3 para. 4(3)" Modified="2024-10-18T11:30:09Z" AffectingYear="2024" AffectedClass="UnitedKingdomPublicGeneralAct" Comments="Contains power" AffectingEffectsExtent="E+W" EffectId="key-6c57d0d929b06b902e1f7b990b3b415e" AffectedURI="http://www.legislation.gov.uk/id/ukpga/1967/88" URI="http://www.legislation.gov.uk/id/effect/key-6c57d0d929b06b902e1f7b990b3b415e" AffectedProvisions="s. 4B" AffectingClass="UnitedKingdomPublicGeneralAct">
<ukm:AffectedTitle>Leasehold Reform Act 1967</ukm:AffectedTitle>
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<ukm:Section xmlns:err="http://www.legislation.gov.uk/namespaces/error" Ref="section-4B" URI="http://www.legislation.gov.uk/id/ukpga/1967/88/section/4B" err:Ref="Section missing in legislation" Missing="true">s. 4B</ukm:Section>
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<ukm:AffectingTitle>Leasehold and Freehold Reform Act 2024</ukm:AffectingTitle>
<ukm:AffectingProvisions>
<ukm:Section Ref="schedule-3" URI="http://www.legislation.gov.uk/id/ukpga/2024/22/schedule/3">Sch. 3 </ukm:Section>
<ukm:Section Ref="schedule-3-paragraph-4-3" URI="http://www.legislation.gov.uk/id/ukpga/2024/22/schedule/3/paragraph/4/3">para. 4(3)</ukm:Section>
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<ukm:Section Ref="section-124-3" URI="http://www.legislation.gov.uk/id/ukpga/2024/22/section/124/3">s. 124(3)</ukm:Section>
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<ukm:UnappliedEffect AffectingNumber="22" AffectingClass="UnitedKingdomPublicGeneralAct" Comments="Contains power in ss. 32, 32ZA" RequiresApplied="true" AffectingYear="2024" AffectedClass="UnitedKingdomPublicGeneralAct" AffectingProvisions="Sch. 3 para. 7" AffectedProvisions="s. 32 32ZA" Type="substituted for s. 32" AffectingEffectsExtent="E+W" Row="325" Modified="2024-10-18T11:30:09Z" AffectedURI="http://www.legislation.gov.uk/id/ukpga/1967/88" AffectedYear="1967" EffectId="key-36476ac63b80fbd4710766896e27c491" AffectedNumber="88" AffectingURI="http://www.legislation.gov.uk/id/ukpga/2024/22" URI="http://www.legislation.gov.uk/id/effect/key-36476ac63b80fbd4710766896e27c491">
<ukm:AffectedTitle>Leasehold Reform Act 1967</ukm:AffectedTitle>
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<ukm:Section Ref="section-32" URI="http://www.legislation.gov.uk/id/ukpga/1967/88/section/32">s. 32</ukm:Section>
<ukm:Section xmlns:err="http://www.legislation.gov.uk/namespaces/error" Ref="section-32ZA" URI="http://www.legislation.gov.uk/id/ukpga/1967/88/section/32ZA" err:Ref="Section missing in legislation" Missing="true">32ZA</ukm:Section>
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<ukm:AffectingTitle>Leasehold and Freehold Reform Act 2024</ukm:AffectingTitle>
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<ukm:Section Ref="schedule-3" URI="http://www.legislation.gov.uk/id/ukpga/2024/22/schedule/3">Sch. 3 </ukm:Section>
<ukm:Section Ref="schedule-3-paragraph-7" URI="http://www.legislation.gov.uk/id/ukpga/2024/22/schedule/3/paragraph/7">para. 7</ukm:Section>
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<ukm:Section Ref="section-124-3" URI="http://www.legislation.gov.uk/id/ukpga/2024/22/section/124/3">s. 124(3)</ukm:Section>
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<ukm:UnappliedEffect URI="http://www.legislation.gov.uk/id/effect/key-4f141883c82d1f503995983817b3c5ea" AffectingProvisions="Sch. 3 para. 13(c)" AffectedURI="http://www.legislation.gov.uk/id/ukpga/1967/88" Modified="2024-10-18T11:30:09Z" Row="332" AffectingEffectsExtent="E+W" AffectingURI="http://www.legislation.gov.uk/id/ukpga/2024/22" EffectId="key-4f141883c82d1f503995983817b3c5ea" AffectedYear="1967" AffectedNumber="88" AffectingNumber="22" AffectedProvisions="s. 29(6ZA)" AffectingYear="2024" AffectingClass="UnitedKingdomPublicGeneralAct" AffectedClass="UnitedKingdomPublicGeneralAct" RequiresApplied="true" Type="inserted">
<ukm:AffectedTitle>Leasehold Reform Act 1967</ukm:AffectedTitle>
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<ukm:Section Ref="section-29-6ZA" URI="http://www.legislation.gov.uk/id/ukpga/1967/88/section/29/6ZA" FoundRef="section-29">s. 29(6ZA)</ukm:Section>
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<ukm:AffectingTitle>Leasehold and Freehold Reform Act 2024</ukm:AffectingTitle>
<ukm:AffectingProvisions>
<ukm:Section Ref="schedule-3" URI="http://www.legislation.gov.uk/id/ukpga/2024/22/schedule/3">Sch. 3 </ukm:Section>
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<ukm:CommencementAuthority>
<ukm:Section Ref="section-124-3" URI="http://www.legislation.gov.uk/id/ukpga/2024/22/section/124/3">s. 124(3)</ukm:Section>
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<ukm:InForceDates>
<ukm:InForce Applied="false" Prospective="true" Qualification=""/>
</ukm:InForceDates>
</ukm:UnappliedEffect>
<ukm:UnappliedEffect AffectedURI="http://www.legislation.gov.uk/id/ukpga/1967/88" AffectedNumber="88" AffectedProvisions="s. 29(9)(10)" AffectingYear="2024" EffectId="key-672dea1bfa08d680a9e16bfeb3bb0dc7" AffectedYear="1967" AffectedClass="UnitedKingdomPublicGeneralAct" Row="334" Modified="2024-10-18T11:30:09Z" URI="http://www.legislation.gov.uk/id/effect/key-672dea1bfa08d680a9e16bfeb3bb0dc7" AffectingClass="UnitedKingdomPublicGeneralAct" AffectingProvisions="Sch. 3 para. 13(e)" AffectingNumber="22" AffectingEffectsExtent="E+W" RequiresApplied="true" Comments="Contains power" Type="inserted" AffectingURI="http://www.legislation.gov.uk/id/ukpga/2024/22">
<ukm:AffectedTitle>Leasehold Reform Act 1967</ukm:AffectedTitle>
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<ukm:Section Ref="section-29-9" URI="http://www.legislation.gov.uk/id/ukpga/1967/88/section/29/9" FoundRef="section-29">s. 29(9)</ukm:Section>
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<ukm:AffectingTitle>Leasehold and Freehold Reform Act 2024</ukm:AffectingTitle>
<ukm:AffectingProvisions>
<ukm:Section Ref="schedule-3" URI="http://www.legislation.gov.uk/id/ukpga/2024/22/schedule/3">Sch. 3 </ukm:Section>
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<ukm:CommencementAuthority>
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<ukm:InForceDates>
<ukm:InForce Applied="false" Prospective="true" Qualification=""/>
</ukm:InForceDates>
</ukm:UnappliedEffect>
<ukm:UnappliedEffect AffectedNumber="88" AffectingProvisions="Sch. 7 para. 1(2)(a)(ii)" RequiresApplied="true" Type="inserted" AffectingClass="UnitedKingdomPublicGeneralAct" AffectingYear="2024" URI="http://www.legislation.gov.uk/id/effect/key-8d9a70677010d893dcabf2b95dddfd75" AffectedProvisions="Sch. 1 para. 4(1)(c)(d)" AffectedYear="1967" Modified="2024-10-18T11:30:09Z" Row="391" AffectingNumber="22" AffectingURI="http://www.legislation.gov.uk/id/ukpga/2024/22" AffectingEffectsExtent="E+W" EffectId="key-8d9a70677010d893dcabf2b95dddfd75" AffectedClass="UnitedKingdomPublicGeneralAct" AffectedURI="http://www.legislation.gov.uk/id/ukpga/1967/88">
<ukm:AffectedTitle>Leasehold Reform Act 1967</ukm:AffectedTitle>
<ukm:AffectedProvisions>
<ukm:Section Ref="schedule-1" URI="http://www.legislation.gov.uk/id/ukpga/1967/88/schedule/1">Sch. 1 </ukm:Section>
<ukm:Section Ref="schedule-1-paragraph-4-1-c" URI="http://www.legislation.gov.uk/id/ukpga/1967/88/schedule/1/paragraph/4/1/c" FoundRef="schedule-1-paragraph-4">para. 4(1)(c)</ukm:Section>
<ukm:Section Ref="schedule-1-paragraph-4-1-d" URI="http://www.legislation.gov.uk/id/ukpga/1967/88/schedule/1/paragraph/4/1/d" FoundRef="schedule-1-paragraph-4">(d)</ukm:Section>
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<ukm:AffectingTitle>Leasehold and Freehold Reform Act 2024</ukm:AffectingTitle>
<ukm:AffectingProvisions>
<ukm:Section Ref="schedule-7" URI="http://www.legislation.gov.uk/id/ukpga/2024/22/schedule/7">Sch. 7 </ukm:Section>
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<ukm:CommencementAuthority>
<ukm:Section Ref="section-124-3" URI="http://www.legislation.gov.uk/id/ukpga/2024/22/section/124/3">s. 124(3)</ukm:Section>
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<ukm:InForceDates>
<ukm:InForce Applied="false" Prospective="true" Qualification=""/>
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<ukm:UnappliedEffect AffectedClass="UnitedKingdomPublicGeneralAct" EffectId="key-087b1a1e498726675c70759fd2f263d5" AffectingProvisions="Sch. 7 para. 1(2)(b)" Row="392" URI="http://www.legislation.gov.uk/id/effect/key-087b1a1e498726675c70759fd2f263d5" AffectingURI="http://www.legislation.gov.uk/id/ukpga/2024/22" Modified="2024-10-18T11:30:09Z" RequiresApplied="true" AffectingEffectsExtent="E+W" AffectingNumber="22" AffectedProvisions="Sch. 1 para. 4(1A)(1B)" AffectedNumber="88" AffectedYear="1967" Type="inserted" AffectingYear="2024" AffectedURI="http://www.legislation.gov.uk/id/ukpga/1967/88" AffectingClass="UnitedKingdomPublicGeneralAct">
<ukm:AffectedTitle>Leasehold Reform Act 1967</ukm:AffectedTitle>
<ukm:AffectedProvisions>
<ukm:Section Ref="schedule-1" URI="http://www.legislation.gov.uk/id/ukpga/1967/88/schedule/1">Sch. 1 </ukm:Section>
<ukm:Section Ref="schedule-1-paragraph-4-1A" URI="http://www.legislation.gov.uk/id/ukpga/1967/88/schedule/1/paragraph/4/1A" FoundRef="schedule-1-paragraph-4">para. 4(1A)</ukm:Section>
<ukm:Section Ref="schedule-1-paragraph-4-1B" URI="http://www.legislation.gov.uk/id/ukpga/1967/88/schedule/1/paragraph/4/1B" FoundRef="schedule-1-paragraph-4">(1B)</ukm:Section>
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<ukm:AffectingTitle>Leasehold and Freehold Reform Act 2024</ukm:AffectingTitle>
<ukm:AffectingProvisions>
<ukm:Section Ref="schedule-7" URI="http://www.legislation.gov.uk/id/ukpga/2024/22/schedule/7">Sch. 7 </ukm:Section>
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<ukm:CommencementAuthority>
<ukm:Section Ref="section-124-3" URI="http://www.legislation.gov.uk/id/ukpga/2024/22/section/124/3">s. 124(3)</ukm:Section>
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<ukm:InForceDates>
<ukm:InForce Applied="false" Prospective="true" Qualification=""/>
</ukm:InForceDates>
</ukm:UnappliedEffect>
<ukm:UnappliedEffect RequiresApplied="true" AffectingProvisions="Sch. 7 para. 1(3)(b)" AffectedNumber="88" AffectingClass="UnitedKingdomPublicGeneralAct" AffectedYear="1967" AffectingYear="2024" AffectingNumber="22" EffectId="key-6e8c91f3a415625e2ad19f7b49b99a42" AffectingEffectsExtent="E+W" AffectedClass="UnitedKingdomPublicGeneralAct" URI="http://www.legislation.gov.uk/id/effect/key-6e8c91f3a415625e2ad19f7b49b99a42" Type="inserted" Modified="2024-10-18T11:30:09Z" AffectedProvisions="Sch. 1 para. 5(2A)-(2D)" Row="395" AffectedURI="http://www.legislation.gov.uk/id/ukpga/1967/88" AffectingURI="http://www.legislation.gov.uk/id/ukpga/2024/22">
<ukm:AffectedTitle>Leasehold Reform Act 1967</ukm:AffectedTitle>
<ukm:AffectedProvisions>
<ukm:Section Ref="schedule-1" URI="http://www.legislation.gov.uk/id/ukpga/1967/88/schedule/1">Sch. 1 </ukm:Section>
<ukm:SectionRange Start="schedule-1-paragraph-5-2A" URI="http://www.legislation.gov.uk/id/ukpga/1967/88/schedule/1/paragraph/5/2A" FoundStart="schedule-1-paragraph-5" End="schedule-1-paragraph-5-2D" UpTo="http://www.legislation.gov.uk/id/ukpga/1967/88/schedule/1/paragraph/5/2D" FoundEnd="schedule-1-paragraph-5" MissingEnd="true">
<ukm:Section Ref="schedule-1-paragraph-5-2A" URI="http://www.legislation.gov.uk/id/ukpga/1967/88/schedule/1/paragraph/5/2A" FoundRef="schedule-1-paragraph-5">para. 5(2A)</ukm:Section>
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<ukm:Section Ref="schedule-1-paragraph-5-2D" URI="http://www.legislation.gov.uk/id/ukpga/1967/88/schedule/1/paragraph/5/2D" FoundRef="schedule-1-paragraph-5">(2D)</ukm:Section>
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<ukm:AffectingTitle>Leasehold and Freehold Reform Act 2024</ukm:AffectingTitle>
<ukm:AffectingProvisions>
<ukm:Section Ref="schedule-7" URI="http://www.legislation.gov.uk/id/ukpga/2024/22/schedule/7">Sch. 7 </ukm:Section>
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<ukm:CommencementAuthority>
<ukm:Section Ref="section-124-3" URI="http://www.legislation.gov.uk/id/ukpga/2024/22/section/124/3">s. 124(3)</ukm:Section>
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<ukm:InForceDates>
<ukm:InForce Applied="false" Prospective="true" Qualification=""/>
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<ukm:UnappliedEffect AffectedYear="1967" AffectingYear="2024" Type="inserted" AffectedNumber="88" AffectingProvisions="Sch. 7 para. 1(3)(d)" URI="http://www.legislation.gov.uk/id/effect/key-4b4b1fbbbd6c61912d1b0d0d913fb154" AffectedProvisions="Sch. 1 para. 5(3A)-(3C)" Row="397" RequiresApplied="true" AffectingURI="http://www.legislation.gov.uk/id/ukpga/2024/22" Modified="2024-10-18T11:30:09Z" AffectingNumber="22" EffectId="key-4b4b1fbbbd6c61912d1b0d0d913fb154" AffectingClass="UnitedKingdomPublicGeneralAct" AffectedClass="UnitedKingdomPublicGeneralAct" AffectedURI="http://www.legislation.gov.uk/id/ukpga/1967/88" AffectingEffectsExtent="E+W">
<ukm:AffectedTitle>Leasehold Reform Act 1967</ukm:AffectedTitle>
<ukm:AffectedProvisions>
<ukm:Section Ref="schedule-1" URI="http://www.legislation.gov.uk/id/ukpga/1967/88/schedule/1">Sch. 1 </ukm:Section>
<ukm:SectionRange Start="schedule-1-paragraph-5-3A" URI="http://www.legislation.gov.uk/id/ukpga/1967/88/schedule/1/paragraph/5/3A" FoundStart="schedule-1-paragraph-5" End="schedule-1-paragraph-5-3C" UpTo="http://www.legislation.gov.uk/id/ukpga/1967/88/schedule/1/paragraph/5/3C" FoundEnd="schedule-1-paragraph-5" MissingEnd="true">
<ukm:Section Ref="schedule-1-paragraph-5-3A" URI="http://www.legislation.gov.uk/id/ukpga/1967/88/schedule/1/paragraph/5/3A" FoundRef="schedule-1-paragraph-5">para. 5(3A)</ukm:Section>
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<ukm:Section Ref="schedule-1-paragraph-5-3C" URI="http://www.legislation.gov.uk/id/ukpga/1967/88/schedule/1/paragraph/5/3C" FoundRef="schedule-1-paragraph-5">(3C)</ukm:Section>
</ukm:SectionRange>
</ukm:AffectedProvisions>
<ukm:AffectingTitle>Leasehold and Freehold Reform Act 2024</ukm:AffectingTitle>
<ukm:AffectingProvisions>
<ukm:Section Ref="schedule-7" URI="http://www.legislation.gov.uk/id/ukpga/2024/22/schedule/7">Sch. 7 </ukm:Section>
<ukm:Section Ref="schedule-7-paragraph-1-3-d" URI="http://www.legislation.gov.uk/id/ukpga/2024/22/schedule/7/paragraph/1/3/d">para. 1(3)(d)</ukm:Section>
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<ukm:CommencementAuthority>
<ukm:Section Ref="section-124-3" URI="http://www.legislation.gov.uk/id/ukpga/2024/22/section/124/3">s. 124(3)</ukm:Section>
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<ukm:InForceDates>
<ukm:InForce Applied="false" Prospective="true" Qualification=""/>
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<ukm:UnappliedEffect AffectingClass="UnitedKingdomPublicGeneralAct" AffectingNumber="22" Modified="2024-10-18T11:30:09Z" AffectedYear="1967" AffectedNumber="88" AffectedProvisions="Sch. 1 para. 6A" AffectedClass="UnitedKingdomPublicGeneralAct" EffectId="key-0c6e164903b319181a99774edb152af3" AffectingProvisions="Sch. 7 para. 1(4)" AffectingEffectsExtent="E+W" Type="inserted" AffectingYear="2024" URI="http://www.legislation.gov.uk/id/effect/key-0c6e164903b319181a99774edb152af3" RequiresApplied="true" AffectedURI="http://www.legislation.gov.uk/id/ukpga/1967/88" AffectingURI="http://www.legislation.gov.uk/id/ukpga/2024/22" Row="400">
<ukm:AffectedTitle>Leasehold Reform Act 1967</ukm:AffectedTitle>
<ukm:AffectedProvisions>
<ukm:Section Ref="schedule-1" URI="http://www.legislation.gov.uk/id/ukpga/1967/88/schedule/1">Sch. 1 </ukm:Section>
<ukm:Section Ref="schedule-1-paragraph-6A" URI="http://www.legislation.gov.uk/id/ukpga/1967/88/schedule/1/paragraph/6A" FoundRef="schedule-1">para. 6A</ukm:Section>
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<ukm:AffectingTitle>Leasehold and Freehold Reform Act 2024</ukm:AffectingTitle>
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<ukm:Section Ref="schedule-7" URI="http://www.legislation.gov.uk/id/ukpga/2024/22/schedule/7">Sch. 7 </ukm:Section>
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<ukm:Section Ref="section-124-3" URI="http://www.legislation.gov.uk/id/ukpga/2024/22/section/124/3">s. 124(3)</ukm:Section>
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<ukm:AffectedTitle>Leasehold Reform Act 1967</ukm:AffectedTitle>
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<ukm:Section Ref="schedule-1" URI="http://www.legislation.gov.uk/id/ukpga/1967/88/schedule/1">Sch. 1 </ukm:Section>
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and word
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<ukm:Section Ref="schedule-7" URI="http://www.legislation.gov.uk/id/ukpga/2024/22/schedule/7">Sch. 7 </ukm:Section>
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<ukm:AffectedTitle>Leasehold Reform Act 1967</ukm:AffectedTitle>
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<ukm:Section Ref="section-24-1" URI="http://www.legislation.gov.uk/id/ukpga/1967/88/section/24/1">s. 24(1)</ukm:Section>
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<ukm:AffectingTitle>Leasehold and Freehold Reform Act 2024</ukm:AffectingTitle>
<ukm:AffectingProvisions>
<ukm:Section Ref="schedule-7" URI="http://www.legislation.gov.uk/id/ukpga/2024/22/schedule/7">Sch. 7 </ukm:Section>
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<ukm:Section Ref="section-124-3" URI="http://www.legislation.gov.uk/id/ukpga/2024/22/section/124/3">s. 124(3)</ukm:Section>
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<ukm:AffectedTitle>Leasehold Reform Act 1967</ukm:AffectedTitle>
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-
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<ukm:AffectingTitle>Leasehold and Freehold Reform Act 2024</ukm:AffectingTitle>
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<ukm:Section Ref="schedule-8" URI="http://www.legislation.gov.uk/id/ukpga/2024/22/schedule/8">Sch. 8 </ukm:Section>
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<ukm:AffectedTitle>Leasehold Reform Act 1967</ukm:AffectedTitle>
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<ukm:Section xmlns:err="http://www.legislation.gov.uk/namespaces/error" Ref="section-36A" URI="http://www.legislation.gov.uk/id/ukpga/1967/88/section/36A" err:Ref="Section missing in legislation" Missing="true">s. 36A</ukm:Section>
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<ukm:AffectingTitle>Leasehold and Freehold Reform Act 2024</ukm:AffectingTitle>
<ukm:AffectingProvisions>
<ukm:Section Ref="schedule-8" URI="http://www.legislation.gov.uk/id/ukpga/2024/22/schedule/8">Sch. 8 </ukm:Section>
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<ukm:AffectedTitle>Leasehold Reform Act 1967</ukm:AffectedTitle>
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<ukm:Section Ref="schedule-1" URI="http://www.legislation.gov.uk/id/ukpga/1967/88/schedule/1">Sch. 1 </ukm:Section>
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<ukm:AffectingTitle>Leasehold and Freehold Reform Act 2024</ukm:AffectingTitle>
<ukm:AffectingProvisions>
<ukm:Section Ref="schedule-8" URI="http://www.legislation.gov.uk/id/ukpga/2024/22/schedule/8">Sch. 8 </ukm:Section>
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<ukm:AffectedTitle>Leasehold Reform Act 1967</ukm:AffectedTitle>
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<ukm:Section Ref="schedule-1" URI="http://www.legislation.gov.uk/id/ukpga/1967/88/schedule/1">Sch. 1 </ukm:Section>
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<ukm:AffectingTitle>Leasehold and Freehold Reform Act 2024</ukm:AffectingTitle>
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<ukm:Section Ref="schedule-8" URI="http://www.legislation.gov.uk/id/ukpga/2024/22/schedule/8">Sch. 8 </ukm:Section>
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<ukm:AffectedTitle>Leasehold Reform Act 1967</ukm:AffectedTitle>
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<ukm:Section Ref="section-1-6A" URI="http://www.legislation.gov.uk/id/ukpga/1967/88/section/1/6A" FoundRef="section-1">s. 1(6A)</ukm:Section>
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<ukm:AffectingTitle>Leasehold and Freehold Reform Act 2024</ukm:AffectingTitle>
<ukm:AffectingProvisions>
<ukm:Section Ref="schedule-8" URI="http://www.legislation.gov.uk/id/ukpga/2024/22/schedule/8">Sch. 8 </ukm:Section>
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<ukm:Section xmlns:err="http://www.legislation.gov.uk/namespaces/error" Ref="section-33B" URI="http://www.legislation.gov.uk/id/ukpga/1967/88/section/33B" err:Ref="Section missing in legislation" Missing="true">s. 33B</ukm:Section>
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<ukm:AffectingTitle>Leasehold and Freehold Reform Act 2024</ukm:AffectingTitle>
<ukm:AffectingProvisions>
<ukm:Section Ref="schedule-8" URI="http://www.legislation.gov.uk/id/ukpga/2024/22/schedule/8">Sch. 8 </ukm:Section>
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<ukm:CommencementAuthority>
<ukm:Section Ref="section-124-3" URI="http://www.legislation.gov.uk/id/ukpga/2024/22/section/124/3">s. 124(3)</ukm:Section>
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<ukm:UnappliedEffect AffectingYear="2024" Type="inserted" AffectingEffectsExtent="E+W" AffectingClass="UnitedKingdomPublicGeneralAct" URI="http://www.legislation.gov.uk/id/effect/key-6670878f4ae2b0b6adbfeb6b88b60ba9" AffectingNumber="22" RequiresApplied="true" AffectedProvisions="Sch. 1 para. 12B" AffectingProvisions="Sch. 8 para. 14" Row="510" AffectedNumber="88" AffectedYear="1967" AffectedURI="http://www.legislation.gov.uk/id/ukpga/1967/88" Modified="2024-10-18T11:30:09Z" AffectedClass="UnitedKingdomPublicGeneralAct" EffectId="key-6670878f4ae2b0b6adbfeb6b88b60ba9" AffectingURI="http://www.legislation.gov.uk/id/ukpga/2024/22">
<ukm:AffectedTitle>Leasehold Reform Act 1967</ukm:AffectedTitle>
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<ukm:Section Ref="schedule-1" URI="http://www.legislation.gov.uk/id/ukpga/1967/88/schedule/1">Sch. 1 </ukm:Section>
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<ukm:AffectingTitle>Leasehold and Freehold Reform Act 2024</ukm:AffectingTitle>
<ukm:AffectingProvisions>
<ukm:Section Ref="schedule-8" URI="http://www.legislation.gov.uk/id/ukpga/2024/22/schedule/8">Sch. 8 </ukm:Section>
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<ukm:AffectedTitle>Leasehold Reform Act 1967</ukm:AffectedTitle>
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<ukm:Section Ref="section-37-1-bza" URI="http://www.legislation.gov.uk/id/ukpga/1967/88/section/37/1/bza" FoundRef="section-37">s. 37(1)(bza)</ukm:Section>
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<ukm:AffectingTitle>Leasehold and Freehold Reform Act 2024</ukm:AffectingTitle>
<ukm:AffectingProvisions>
<ukm:Section Ref="schedule-8" URI="http://www.legislation.gov.uk/id/ukpga/2024/22/schedule/8">Sch. 8 </ukm:Section>
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<ukm:UnappliedEffect AffectedProvisions="s. 37(1)(da)(db)" Row="512" AffectedURI="http://www.legislation.gov.uk/id/ukpga/1967/88" Type="inserted" AffectingClass="UnitedKingdomPublicGeneralAct" AffectingURI="http://www.legislation.gov.uk/id/ukpga/2024/22" AffectingNumber="22" AffectingEffectsExtent="E+W" AffectingProvisions="Sch. 8 para. 15(b)" AffectedClass="UnitedKingdomPublicGeneralAct" AffectedYear="1967" Modified="2024-10-18T11:30:09Z" AffectingYear="2024" RequiresApplied="true" AffectedNumber="88" EffectId="key-044e924b2a078371763a40e9fa110b13" URI="http://www.legislation.gov.uk/id/effect/key-044e924b2a078371763a40e9fa110b13">
<ukm:AffectedTitle>Leasehold Reform Act 1967</ukm:AffectedTitle>
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<ukm:Section Ref="section-37-1-da" URI="http://www.legislation.gov.uk/id/ukpga/1967/88/section/37/1/da" FoundRef="section-37">s. 37(1)(da)</ukm:Section>
<ukm:Section Ref="section-37-1-db" URI="http://www.legislation.gov.uk/id/ukpga/1967/88/section/37/1/db" FoundRef="section-37">(db)</ukm:Section>
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<ukm:AffectingTitle>Leasehold and Freehold Reform Act 2024</ukm:AffectingTitle>
<ukm:AffectingProvisions>
<ukm:Section Ref="schedule-8" URI="http://www.legislation.gov.uk/id/ukpga/2024/22/schedule/8">Sch. 8 </ukm:Section>
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<ukm:CommencementAuthority>
<ukm:Section Ref="section-124-3" URI="http://www.legislation.gov.uk/id/ukpga/2024/22/section/124/3">s. 124(3)</ukm:Section>
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<portionBody>
<part eId="part-I">
<num>PART I</num>
<heading>Enfranchisement and Extension of Long Leaseholds</heading>
<hcontainer name="crossheading" eId="part-I-crossheading-supplementary">
<heading>Supplementary</heading>
<section eId="section-24">
<num>24</num>
<heading>Application of price or compensation received by landlord, and charge of betterment levy on enfranchisement.</heading>
<subsection eId="section-24-1">
<num>1</num>
<intro>
<p>Any sum received by the landlord by way of the price payable for a house and premises under section 9 above, or by way of compensation under any provision of this Part of this Act providing for compensation to be recovered by or awarded to a landlord,—</p>
</intro>
<paragraph eId="section-24-1-a">
<num>a</num>
<content>
<p>where the interest of the landlord is held on trust for sale shall be dealt with as if it were proceeds of sale arising under the trust; and</p>
</content>
</paragraph>
<paragraph eId="section-24-1-b">
<num>b</num>
<content>
<p>
where the landlord is a university or college to which the
<noteRef href="#m00032" placement="inline" class="margin-note"/>
Universities and College Estates Act 1925 applies, shall be dealt with as if it were an amount payable as consideration on a sale effected under that Act.
</p>
</content>
</paragraph>
</subsection>
<subsection eId="section-24-2">
<num>2</num>
<content>
<p>
For purposes of Part III of the
<noteRef href="#m00033" placement="inline" class="margin-note"/>
Land Commission Act 1967 any conveyance executed to give effect to section 8 above shall be deemed to be a conveyance on sale of any interest transferred (or, as regards a tenancy, an assignment on sale of it), and the price payable for the interest under section 9 shall be deemed to be consideration payable in respect of the disposition of that interest.
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