21 Reversioner's counter-notice

21  Reversioner's counter-notice

(1)     The reversioner in respect of the specified premises shall give a counter-notice under this section to the nominee purchaser [RTE company] by the date specified in the initial notice in pursuance of section 13(3)(g).

(2)     The counter-notice must comply with one of the following requirements, namely—

(a)     state that the reversioner admits that the participating tenants were [RTE company was] on the relevant date entitled to exercise the right to collective enfranchisement in relation to the specified premises;

(b)     state that, for such reasons as are specified in the counter-notice, the reversioner does not admit that the participating tenants were [RTE company was] so entitled;

(³¦)ÌýÌýÌýÌý contain such a statement as is mentioned in paragraph (a) or (b) above but state that an application for an order under subsection (1) of section 23 is to be made by such appropriate landlord (within the meaning of that section) as is specified in the counter-notice, on the grounds that he intends to redevelop the whole or a substantial part of the specified premises.

(3)     If the counter-notice complies with the requirement set out in subsection (2)(a), it must in addition—

(a)     state which (if any) of the

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