Version Superseded: 01/04/2010
Point in time view as at 01/12/2008.
Leasehold Reform Act 1967, Paragraph 4 is up to date with all changes known to be in force on or before 10 March 2025. 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.
[F14(1)A lease for the elderly granted by a [F2registered housing association] and which complies with the conditions set out in sub-paragraph (2) is excluded from the operation of this Part of this Act at any time when the interest of the landlord belongs to [F3a registered social landlord].E+W
(2)The conditions are that the lease—
(a)is granted at a premium which is calculated by reference to a percentage of the value of the house or of the cost of providing it,
(b)complies, at the time when it is granted, with such requirements as may be prescribed, and
(c)states the landlord’s opinion that by virtue of this paragraph the lease will be excluded from the operation of this Part of this Act at any time when the interest of the landlord belongs to a [F4registered social landlord].
(3)In this paragraph—
“lease for the elderly” has such meaning as may be prescribed; and
[F5“registered social landlord” has the same meaning as in the Housing Act 1985 (see section 5(4) and (5) of that Act)].]
Textual Amendments
F1Schedule 4A inserted by Housing and Planning Act 1986 (c. 63, SIF 75:1), s. 18, Sch. 4 para. 6
F2Words in Sch. 4A para. 4(1) substituted (1.10.1996) by S.I. 1996/2325, art. 5(1), Sch. 2 para. 1(1)(2)(a)
F3Words in Sch. 4A para. 4(1) substituted (1.10.1996) by S.I. 1996/2325, art. 5(1), Sch. 2 para. 1(1)(2)(b)
F4Words in Sch. 4A para. 4(2)(c) substituted (1.10.1996) by S.I. 1996/2325, art. 5(1), Sch. 2 para. 1(1)(3)
F5Definition in Sch. 4A para. 4(3) substituted (1.10.1996) by S.I. 1996/2325, art. 5(1), Sch. 2 para. 1(1)(4)
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