SCHEDULES

I1 SCHEDULE 6 PURCHASE PRICE PAYABLE BY NOMINEE PURCHASER

Annotations:
Commencement Information
I1

Sch. 6 wholly in force at 1.11.1993 see s. 188(2) and S.I. 1993/2134, art. 5

Part IV OTHER INTERESTS TO BE ACQUIRED

Value of other interests

11

1

In the case of any such freehold interest as is mentioned in paragraph 10(1), paragraph 3 shall apply for determining the value of the interest with such modifications as are appropriate to relate it to a sale of the interest subject (where applicable) to any leases intermediate between that interest and any lease held by a qualifying tenant of a flat contained in the specified premises.

2

In the case of any such leasehold interest as is mentioned in paragraph 10(2), then—

a

(unless paragraph (b) below applies) paragraph 3 shall apply as mentioned in sub-paragraph (1) above;

b

if it is the interest of the tenant under a minor intermediate lease within the meaning of paragraph 7, sub-paragraphs (2) to (10) of that paragraph shall apply with such modifications as are appropriate for determining the value of the interest.

3

In its application in accordance with sub-paragraph (1) or (2) above, paragraph 3(6) shall have effect as if the reference to paragraph 14(2) were a reference to paragraph 18(2).

F14

In its application in accordance with sub-paragraph (2) above, paragraph 3(1A) shall have effect with the addition after paragraph (a) of—

an owner of a freehold interest in the specified premises, or”