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LAND REGULATION 2020 - REG 89
Discount for pre-Wolfe freeholding lease—Act, s 457
89 Discount for pre-Wolfe freeholding lease—Act, s 457
(1) For section 457 (1) (d) of the Act , this section prescribes the discount
for a pre-Wolfe freeholding lease if the remaining purchase price is paid in
cash during the lease.
(2) The discount is the percentage of the remaining
purchase price stated in schedule 7 , column 2 opposite the balance of the
term of the pre-Wolfe freeholding lease provided for in column 1 of the
schedule.
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