SCHEDULE 5 Vesting Orders under Sections 24 and 25
Leasehold Reform, Housing and Urban Development Act 1993 (1993 c 28) | Legislation

SCHEDULE 5 Vesting Orders under Sections 24 and 25

Sections 24, 25

Interpretation

1

(1)     In this Schedule “a vesting order†means an order made by the court [the appropriate tribunal] under section 24(4)(a) or (b) or section 25(6)(a) or (b).

(2)     In this Schedule “the relevant terms of acquisitionâ€, in relation to any such order, means the terms of acquisition referred to in section 24(4)(a) or (b) or section 25(6)(a) or (b), as the case may be.

Execution of conveyance

2

(1)     Where any interests are to be vested in the nominee purchaser [RTE company] by virtue of a vesting order, then on his paying into court [into the tribunal] the appropriate sum in respect of each of those interests there shall be executed by such person as the court [the appropriate tribunal] may designate a conveyance which—

(a)     is in a form approved by [the appropriate tribunal], and

(b)     contains such provisions as may be so approved for

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