Construction
1In this Part of this Schedule—
"the consideration payable" means the consideration payable to the new' landlord for the disposal by him of the property referred to in section 12(4);
"the new landlord" has the same meaning as in section 12, and accordingly includes any person to whom that section applies by virtue of section 16(2) or (3); and
"the nominated person" means the person or persons nominated as mentioned in section 12(1).