SCHEDULES

F1SCHEDULE 2AProperty Schemes

Applications for schemes

3

(1)

An application for a property scheme may be made by—

(a)

the preferred bidder,

(b)

the successful bidder, or

(c)

a person who owns the property, rights and liabilities in relation to which provision of a kind mentioned in paragraph 1(2) is proposed to be included in the scheme.

(2)

An application must specify—

(a)

the property, rights and liabilities in relation to which provision of a kind mentioned in paragraph 1(2) is proposed to be included in the scheme,

(b)

the name and address of the non-applicant party, and

(c)

the name and address of each third party whom the applicant considers would be affected by a provision of the proposed property scheme.

(3)

All property, rights and liabilities specified in an application in accordance with sub-paragraph (2)(a) must belong to the same person.

(4)

A person may make more than one application under this paragraph.