Moved by
The Lord Bishop of Manchester
28: Schedule 4, page 161, line 15, at end insert—
“(3A) But in a case where the freeholder is a charity and the freehold interest was vested in that charity immediately before the passing of this Act—
(a) assumption 2 must not be made, and
(b) accordingly, marriage and hope value are payable.”
Member's explanatory statement
This amendment would provide that, where the freeholder in the case of a lease extension or freehold enfranchisement is a charity which had owned the freehold interest since before the passing of the Bill, marriage and hope value are payable.