Housing Act 1985 (c. 68)

SCHEDULES

[F1 Schedule 6A E+W REDEMPTION OF LANDLORD’S SHARE

Textual Amendments

F1 Sch. 6A inserted (11.10.1993) by 1993 c. 28, s. 117(2), Sch. 16; S.I. 1993/2134, arts. 2, 4(b) (with saving in Sch. 1 para. 4(1)).

F2 Value of landlord’s share and amount of final payment E+W

Textual Amendments

F2 Sch. 6A inserted (11.10.1993) by 1993 c. 28, s. 117(2), Sch. 16; S.I. 1993/2134, arts. 2, 4(b) (with saving in Sch. 1 para. 4(1)).

F3 3 E+W The value of the landlord’s share shall be determined by the formula -

and the amount required to redeem that share shall be determined by the formula—

where—

• VS = the value of the landlord’s share;

• V = the value of the dwelling-house (agreed or determined in accordance with paragraph 8);

• S = the landlord’s share expressed as a percentage;

• R = the amount required to redeem the landlord’s share;

• D = the amount of the final discount (if any) which is applicable under paragraphs 4 and 5.]

Textual Amendments

F3 Sch. 6A inserted (11.10.1993) by 1993 c. 28, s. 117(2), Sch. 16; S.I. 1993/2134, arts. 2, 4(b) (with saving in Sch. 1 para. 4(1)).