Part of Leasehold and Freehold Reform Bill - Report (and remaining stages) – in the House of Lords am 5:15 pm ar 24 Mai 2024.
Lord Howard of Rising:
Moved by Lord Howard of Rising
21: Schedule 4, page 164, line 15, at end insert “, but see sub-paragraph (3A).(3A) Assumption 2 is not to be made where—(a) the claimant held the lease on the day on which this Act was passed, and(b) on that day the lease was of less than 80 years’ duration.Accordingly, marriage or hope value is payable in the case of a lease of less than 80 years’ duration held by the claimant at the date of the passage of this Act.”
As a bill passes through Parliament, MPs and peers may suggest amendments - or changes - which they believe will improve the quality of the legislation.
Many hundreds of amendments are proposed by members to major bills as they pass through committee stage, report stage and third reading in both Houses of Parliament.
In the end only a handful of amendments will be incorporated into any bill.
The Speaker - or the chairman in the case of standing committees - has the power to select which amendments should be debated.
