Part 2Leasehold reform
Chapter 2Collective enfranchisement by tenants of flats
Purchase price
126 Valuation date
(1)
In Schedule 6 to the 1993 Act (purchase price payable), for “the valuation date”
(in each place) substitute “
the relevant date
”
.
(2)
In section 18(1) of the 1993 Act (duty to disclose existence of agreements affecting premises etc.), for “valuation date for the purposes of Schedule 6” substitute “
time when a binding contract is entered into in pursuance of the initial notice
”
.