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Leasehold Reform Act 1979
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- UK Public General Acts
- 1979 c. 44
- Section 1
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Leasehold Reform Act 1979, Section 1 is up to date with all changes known to be in force on or before 22 December 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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- s. 1(1) words inserted by 2024 c. 22 Sch. 9 para. 2
1 Price to tenant on enfranchisement.E+W
(1)As against a tenant in possession claiming under section 8 of the M1Leasehold Reform Act 1967, the price payable on a conveyance for giving effect to that section cannot be made less favourable by reference to a transaction since 15th February 1979 involving the creation or transfer of an interest superior to (whether or not preceding) his own, or an alteration since that date of the terms on which such an interest is held.
(2)References in this section to a tenant claiming are to his giving notice under section 8 of his desire to have the freehold.
(3)Subsection (1) applies to any claim made on or after the commencement date (which means the date of the passing of this Act), and also to a claim made before that date unless by then the price has been determined by agreement or otherwise.
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