28 Withdrawal from acquisition by participating tenants [RTE company]
Leasehold Reform, Housing and Urban Development Act 1993 (1993 c 28) | Legislation

Termination of acquisition procedures

28  Withdrawal from acquisition by participating tenants [RTE company]

(1) At any time before a binding contract is entered into in pursuance of the initial notice, the participating tenants [RTE company] may withdraw that notice by the giving of a notice to that effect under this section (“a notice of withdrawal”).

(2) A notice of withdrawal must be given—

(a) to the nominee purchaser;

(b) to the reversioner in respect of the specified premises; and

(c) to every other relevant landlord who is known or believed by the participating tenants to have given to the nominee purchaser a notice under paragraph 7(1) or (4) of Schedule 1;

and, if by virtue of paragraph (c) a notice of withdrawal

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