Prospective
Acquisition of a freehold house under the LRA 1967: shared ownership leasesE+W
This section has no associated Explanatory Notes
12(1)This paragraph applies only to the transfer of a freehold house under the LRA 1967.
(2)The standard valuation method is not compulsory for any property comprised in the newly owned premises if it, or any part of it, is demised by a shared ownership lease.
Commencement Information
I1Sch. 4 para. 12 not in force at Royal Assent, see s. 124(3)