SCHEDULES

[F1Schedule 6AE+W REDEMPTION OF LANDLORD’S SHARE

Textual Amendments

F1Sch. 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)).

F2Right to redeem landlord’s share at any timeE+W

Textual Amendments

F2Sch. 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)).

F32(1)The conveyance or grant shall include provision entitling the secure tenant and his successors in title to make a final payment at any time.E+W

(2)The right shall be exercisable by written notice served on the landlord claiming to make a final payment.

(3)The notice may be withdrawn at any time by written notice served on the landlord.

(4)If the final payment is not tendered to the landlord before the end of the period of three months beginning with the time when the value of the dwelling-house is agreed or determined in accordance with paragraph 8, the notice claiming to make a final payment shall be deemed to have been withdrawn.]

Textual Amendments

F3Sch. 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)).