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Housing Act 1985, Section 38 is up to date with all changes known to be in force on or before 17 November 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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(1)A disposal, whether of the whole of part of the house, is a relevant disposal for the purposes of this Part if it is—
(a)a conveyance of the freehold or an assignment of the lease, or
(b)the grant of a lease of sub-lease (other than a mortgage term) for a term of more than 21 years otherwise than at a rack rent.
(2)For the purposes of subsection (1)(b) it shall be assumed—
(a)that any option to renew or extend a lease or sub-lease, whether or not forming part of a series of options, is exercised, and
(b)that any option to terminate a lease or sub-lease is not exercised.
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