11E+WA lease shall be for the appropriate term defined in paragraph 12 (but subject to sub-paragraph (3) of that paragraph) and at a rent not exceeding £10 per annum [F1or, if the lease is a regulated lease within the meaning of the Leasehold Reform (Ground Rent) Act 2022, the rent permitted by that Act], and the following provisions have effect with respect to the other terms of the lease.
Textual Amendments
F1Words in Sch. 6 para. 11 inserted (30.6.2022 for specified purposes, 1.4.2023 in so far as not already in force) by Leasehold Reform (Ground Rent) Act 2022 (c. 1), ss. 19(3), 25(2) (with s. 23); S.I. 2022/694, regs. 2, 3, 4