Remedy
Start free

Section 93A: Powers of trustees in relation to rights under Chapters I and II.

Leasehold Reform, Housing and Urban Development Act 1993 · 1993 c. 28View on legislation.gov.uk

Part I: LANDLORD AND TENANT — Chapter VII: GENERAL

Where trustees are a qualifying tenant of a flat for the purposes of Chapter I or II, their powers under the instrument regulating the trusts shall include power to participate in the exercise of the right to collective enfranchisement under Chapter I or, as the case may be, to exercise the right to a new lease under Chapter II.

Subsection (1) shall not apply where the instrument regulating the trusts—

is made on or after the day on which section 113 of the Housing Act 1996 comes into force, and
contains an explicit direction to the contrary.

The powers conferred by subsection (1) shall be exercisable with the like consent or on the like direction (if any) as may be required for the exercise of the trustees' powers (or ordinary powers) of investment.

The following purposes, namely—

those authorised for the application of capital money by section 73 of the Settled Land Act 1925 . . ., and
those authorised by section 71 of the Settled Land Act 1925 . . . as purposes for which moneys may be raised by mortgage,

shall include the payment of any expenses incurred by a tenant for life or statutory owners . . ., as the case may be, in or in connection with participation in the exercise of the right to collective enfranchisement under Chapter I or in or in connection with the exercise of the right to a new lease under Chapter II.

About this text

This legislation text comes from legislation.gov.uk. Contains public sector information licensed under the Open Government Licence v3.0. These source and reuse terms cover the legislation text, not Remedy's commentary.

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