Section 137 — Redemption price for rentcharges
This version in force from 2016-05-12
Snapshot: 2026-08-24
Reproduced from legislation.gov.uk (Crown Copyright, Open Government Licence v3.0). Amendments made after 2026-08-24 may not be reflected — always check the official text .
(1) The Rentcharges Act 1977 is amended as follows.
(2) In section 9(4)(a), after “in accordance with” insert “ regulations under ”.
(3) In section 10, for subsection (1) substitute— (1) For the purposes of section 9 above, the redemption price for a rentcharge is to be calculated in accordance with regulations made by the Secretary of State.
(4) In section 12(2), after “such” insert “ transitional, ”.
(5) The amendments made by this section apply in relation to cases where—
(a) an application for a redemption certificate is made under section 8 of the Rentcharges Act 1977 before this Act is passed, but
(b) the instructions for redemption have not been served on the applicant under section 9(4) of the Rentcharges Act 1977 before this Act is passed,
as well as to cases involving an application for a redemption certificate made after this Act is passed.