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Commonhold and Leasehold Reform Act 2002

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4E+WFor section 2(1) (acquisition of leasehold interests) substitute—

(1)Where the right to collective enfranchisement is exercised by a RTE company in relation to any premises to which this Chapter applies (“the relevant premises”), then, subject to and in accordance with this Chapter—

(a)there shall be acquired by the RTE company every interest to which this paragraph applies by virtue of subsection (2); and

(b)the RTE company shall be entitled to acquire any interest to which this paragraph applies by virtue of subsection (3);

and any interest which the RTE company so acquires shall be acquired in the manner mentioned in section 1(1).

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