Part II Conduct of Proceedings on Behalf of other Landlords

Part II Conduct of Proceedings on Behalf of other Landlords

Acts of reversioner binding on other landlords

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(1)     Without prejudice to the generality of section 9(3)—

(a)     any notice given by or to the reversioner under this Chapter or section 74(3) following the giving of the initial notice shall be given or received by him on behalf of all the relevant landlords; and

(b)     the reversioner may on behalf and in the name of all or (as the case may be) any of those landlords—

(i)     deduce, evidence or verify the title to any property;

(ii)     negotiate and agree with the nominee purchaser [RTE company] the terms of acquisition;

(iii)     execute any conveyance for the purpose of transferring an interest to the nominee purchaser [RTE company];

(iv)     receive the price payable for the acquisition of any interest [and, where the reversioner does so, hold that amount for themselves and the other landlords pending determination of the matters dealt with in Part 6 of Schedule 4 to the Leasehold and Freehold Reform Act 2024];

(v)     take or defend any legal proceedings under this Chapter in respect of matters arising out of the initial notice [and

(c)     if the reversioner

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