Part 5: Housing, Estate Agents and Rentcharges: Other Changes Rentcharges Section 137: Redemption price for rentcharges
This section amends sections 9 and 10 of the Rentcharges Act 1977 ("the 1977 Act"). This is to require that the price to be paid by a rent payer on the redemption of a rentcharge be calculated in accordance with regulations made by the Secretary of State.
	The amendments made by this section apply to applications for rentcharge certificates which are made before Royal Assent and for which instructions for redemption have not been served under section 9(4) of the 1977 Act before that date. They also apply to any redemption application which is made after Royal Assent.