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Section 115: Premiums on long leases.

Housing Act 1988 · 1988 c. 50View on legislation.gov.uk

Part V: Miscellaneous and General

With respect to —

any premium received or required to be paid after the commencement of this Act, or
any loan required to be made after that commencement,

section 127 of the Rent Act 1977 (allowable premiums in relation to certain long tenancies) shall have effect subject to the amendments in subsections (2) and (3) below.

For subsections (2) and (3) there shall be substituted the following subsections—

Subsections (3C) and (3D) shall be omitted and in subsection (5) for "(2)(c)" there shall be substituted "(2)(b)".

Expressions used in subsection (1) above have the same meaning as in Part IX of the Rent Act 1977.

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Reuse reviewed 21 August 2026 under Open Government Licence v3.0.