SCHEDULES

F1SCHEDULE 8. . .

Annotations:
Amendments (Textual)
F1

Sch. 8 repealed (11.10.1993) by 1993 c. 28, s. 187(2), Sch. 22; S.I. 1993/2134, arts. 2, 4(b), Sch. 2 (with saving in Sch. 1 para. 4(1)).

Payment for outstanding share on disposal

8

1

Where the dwelling-house is a house and the landlord owns the freehold, the lease shall provide that on the discharge of a liability arising under the covenant required by paragraph 6—

a

any person in whom the tenant’s interest in the dwelling-house is vested, or

b

in the case of a compulsory disposal of a part of the dwelling-house, any person in whom that part is vested,

is entitled to require the freehold of the dwelling-house, or as the case may be that part of the dwelling-house, to be conveyed either to himself or to such other person as he may direct.

2

The right so conferred is exercisable at any time during the term of the lease on the person referred to in sub-paragraph (1)(a) or (b) serving written notice on the landlord.

3

As soon as practicable after such a right as is mentioned in sub-paragraph (1) has become exercisable by any person, the landlord shall serve on him a written notice—

a

informing him of the right, and

b

stating the provisions which, in the opinion of the landlord, should be contained in the conveyance.

4

A conveyance executed in pursuance of such a right—

a

shall conform with Parts I and II of Schedule 6 (terms of conveyance in pursuance of right to buy), and

b

where the lease contains any such covenant as is mentioned in section 157 (restriction on disposal of dwelling-houses in National Parks, etc.), shall preserve the effect of that covenant;

and Part IV of Schedule 6 (charges) applies to such a conveyance as it applies to a conveyance of the freehold in pursuance of the right to buy.

5

A notice required by this paragraph may be withdrawn at any time by notice in writing served on the landlord.