Prospective
24(1)This Part of this Schedule sets out the standard valuation method.
(2)The standard valuation method consists of steps 1 to 3 (see paragraph 25, paragraph 27 or 28, and paragraph 29).
(3)There are two versions of step 2—
(a)the version in paragraph 27 applies to freehold enfranchisements;
(b)the version in paragraph 28 applies to lease extensions.
Commencement Information
I1Sch. 4 para. 24 not in force at Royal Assent, see s. 124(3)