25 Applications where reversioner fails to give counter-notice or further counter-notice
Leasehold Reform, Housing and Urban Development Act 1993 (1993 c 28) | Legislation

25  Applications where reversioner fails to give counter-notice or further counter-notice

(1)     Where the initial notice has been given in accordance with section 13 but—

(a)     the reversioner has failed to give the nominee purchaser [RTE company] a counter-notice in accordance with section 21(1), or

(b)     if required to give the nominee purchaser [RTE company] a further counter-notice by or by virtue of section 22(3) or section 23(5) or (6), the reversioner has failed to comply with that requirement,

the court [the appropriate tribunal] may, on the application of the nominee purchaser [RTE company], make an order determining the terms on which he [RTE company] is to acquire, in accordance with the proposals contained in the initial notice, such interests and rights as are specified in it under section 13(3).

(2)     The terms determined by the court [the appropriate tribunal] under subsection (1) shall,

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