Moved by
Baroness Scott of Bybrook
30: Schedule 4, page 161, line 24, leave out from “of” to “a” in line 27 and insert “—
(a) the relevant freehold on the transfer of a freehold house under the LRA 1967, or
(b) the notional lease on”
Member's explanatory statement
This amendment would correct the references in paragraph 18 to what is being valued under Schedule 4.
31: Schedule 4, page 163, line 40, leave out “time of valuation” and insert “valuation date”
Member's explanatory statement
This changes the terminology used in paragraph 21(2)(a) so that the correct defined term is used.
32: Schedule 4, page 165, line 26, leave out “a lease (the “lease being valued”)” and insert “the current lease”
Member's explanatory statement
This amendment would avoid the “current lease” (the terminology otherwise used in Schedule 4) being referred to by a different term (“lease being valued”) in paragraph 25.
33: Schedule 4, page 165, line 28, leave out “lease being valued” and insert “current lease”
Member's explanatory statement
This amendment would avoid the “current lease” (the terminology otherwise used in Schedule 4) being referred to by a different term (“lease being valued”) in paragraph 25.
34: Schedule 4, page 165, line 31, leave out “lease being valued” and insert “current lease”
Member's explanatory statement
This amendment would avoid the “current lease” (the terminology otherwise used in Schedule 4) being referred to by a different term (“lease being valued”) in paragraph 25.
35: Schedule 4, page 165, line 35, leave out “lease being valued” and insert “current lease”
Member's explanatory statement
This amendment would avoid the “current lease” (the terminology otherwise used in Schedule 4) being referred to by a different term (“lease being valued”) in paragraph 25.
36: Schedule 4, page 165, line 38, leave out “lease being valued” and insert “current lease”
Member's explanatory statement
This amendment would avoid the “current lease” (the terminology otherwise used in Schedule 4) being referred to by a different term (“lease being valued”) in paragraph 25.
37: Schedule 4, page 166, line 21, leave out “lease being valued” and insert “current lease”
Member's explanatory statement
This amendment would avoid the “current lease” (the terminology otherwise used in Schedule 4) being referred to by a different term (“lease being valued”) in paragraph 25.
38: Schedule 4, page 166, line 23, leave out “lease being valued” and insert “current lease”
Member's explanatory statement
This amendment would avoid the “current lease” (the terminology otherwise used in Schedule 4) being referred to by a different term (“lease being valued”) in paragraph 25.
39: Schedule 4, page 166, line 30, at end insert—
“(10A) If section 3(3) of the LRA 1967 applies to the current lease (successive leases treated as a single lease), sub-paragraph (9) is to apply only if the one of those leases which is in effect at the valuation date meets the condition in sub-paragraph (9)(a) or (b).”
Member's explanatory statement
This modifies the application of paragraph 25 where successive leases are “chained” to constitute a long lease under the LRA 1967.
40: Schedule 4, page 166, line 31, leave out “lease being valued” and insert “current lease”
Member's explanatory statement
This amendment would avoid the “current lease” (the terminology otherwise used in Schedule 4) being referred to by a different term (“lease being valued”) in paragraph 25.