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Leasehold and Freehold Reform Act 2024

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Changes over time for: Section 46

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Status:

Point in time view as at 24/07/2024. This version of this provision is prospective. Help about Status

Changes to legislation:

There are currently no known outstanding effects for the Leasehold and Freehold Reform Act 2024, Section 46. Help about Changes to Legislation

Prospective

46LRA 1967: preservation of existing law for certain enfranchisementsE+W

This section has no associated Explanatory Notes

After section 7 of the LRA 1967 insert—

7ATenant’s right to choose that pre-2024 Act law is to apply to freehold acquisition

(1)The tenant of a leasehold house may choose that this Act is to have effect in relation to the acquisition of the freehold of the house and premises without the amendments made by the Leasehold and Freehold Reform Act 2024, if the house and premises would be valued under section 9(1) (as it would have effect without those amendments).

(2)If—

(a)a person makes a claim to acquire a freehold under the preserved law, and

(b)as a result of that claim, further notices by that person are void by virtue of a statutory bar under the preserved law,

only further notices making claims under the preserved law are void by virtue of that statutory bar.

(3)In subsection (2)—

  • preserved law” means this Part as it has effect (by virtue of subsection (1)) without the amendments made by the Leasehold and Freehold Reform Act 2024;

  • statutory bar” means—

    (a)

    section 9(3)(b), or

    (b)

    an order under section 20(6) or paragraph 4(3) of Schedule 3.

(4)Subsection (1) does not apply in any of the following cases—

(a)the tenancy was created by the grant of a lease under Part 5 of the Housing Act 1985 (a “right to buy lease”);

(b)the tenancy is, by virtue of section 3(3), treated as a single tenancy with a tenancy created by the grant of a right to buy lease;

(c)the tenancy is a sub-tenancy directly or indirectly derived out of a tenancy falling within paragraph (a) or (b);

(d)the tenancy was granted under this Part in substitution for a tenancy or sub-tenancy falling within paragraph (a), (b) or (c).

Commencement Information

I1S. 46 not in force at Royal Assent, see s. 124(3)

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