Schedule 8 – Leasehold enfranchisement and extension: Miscellaneous amendments Part 3: Shared ownership leases and the LRHUDA 1993
Paragraphs 16, 17 and 19 amend the LRHUDA 1993 to give shared ownership leaseholders lease extension rights.
	Paragraph 18 inserts a new Section 5A into the LRHUDA 1993 which sets out four conditions which, if met, will mean that a shared ownership leaseholder will not be a qualifying tenant for the purposes of a collective enfranchisement claim. The conditions relate to the terms of the shared ownership lease, specifically the provision they make for allowing the leaseholder to staircase to 100%.
	Paragraph 20 makes an amendment to Section 77 of the LRHUDA 1993 that is consequential on the definition of "shared ownership lease" being inserted into Section 101 of the LRHUDA 1993 (see paragraph 23).
	Paragraph 21 inserts a new paragraph 3A into Schedule 9 to the LRHUDA 1993, under which the nominee purchaser is required as part of a collective enfranchisement claim to grant a leaseback of a shared ownership leaseholder’s flat to the freeholder if they are the shared ownership provider.
	Paragraph 22 inserts a new paragraph 10A into Schedule 11 to the LRHUDA 1993 which makes provision about the sharing of future staircasing payments between the shared ownership provider and superior landlords in circumstances where a shared ownership leaseholder’s lease extension is granted by a landlord superior to the shared ownership provider.
	Paragraph 23 inserts a new definition of "shared ownership lease" and related terms into the LRHUDA 1993.