Schedules
Schedule 8Leasehold enfranchisement and extension: miscellaneous amendments
Part 2Shared ownership leases and the LRA 1967
I112Rateable value limits and low rent tests not to apply to shared ownership leases
In section 1 (tenants entitled to enfranchisement or extension), after subsection (6) insert—
6A
In determining whether a tenant under a tenancy which is a shared ownership lease has the right to acquire a freehold or extended lease under this Part, the following requirements of this section do not apply—
a
any requirement for the tenancy to be at a low rent;
b
any requirement in subsection (1)(a)(i) or (ii) for the house and premises or the tenancy to be above a certain value.