Point in time view as at 04/02/1997.
Housing Act 1985, Cross Heading: Value of landlord’s share and amount of final payment is up to date with all changes known to be in force on or before 04 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.
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)).
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)).
F33E+WThe 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
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)).
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