F2[F1Value of landlord’s share and amount of final paymentE+W
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)).