Moved by
Lord Howard of Rising
21: Schedule 4, page 164, line 15, at end insert “, but see sub-paragraph (3A).
(3A) Assumption 2 is not to be made where—
(a) the claimant held the lease on the day on which this Act was passed, and
(b) on that day the lease was of less than 80 years’ duration.
Accordingly, marriage or hope value is payable in the case of a lease of less than 80 years’ duration held by the claimant at the date of the passage of this Act.”