Part 2Leasehold reform
Chapter 4Leasehold houses
Purchase price
I1146 Disregard of marriage value in case of very long leases
In section 9 of the 1967 Act (purchase price etc.), after subsection (1D) (inserted by section 145) insert—
1E
But where at the relevant time the unexpired term of the tenant’s tenancy exceeds eighty years, the marriage value shall be taken to be nil.