Point in time view as at 24/07/2024. This version of this provision is prospective.
There are currently no known outstanding effects for the Leasehold and Freehold Reform Act 2024, Paragraph 24.
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)
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