The Rent Assessment Committee (England and Wales) (Leasehold Valuation Tribunal) (Amendment) Regulations 1988
Part III of the Landlord and Tenant Act 1987 confers a right for tenants of flats in specified circumstances to apply to the Court for an acquisition order. Such order provides for a person nominated by the tenants to acquire their landlord’s interest in the premises without his consent. Section 31 and section 13 as applied by section 31(5) provide for a rent assessment committee, acting as a Leasehold Valuation Tribunal, to determine the terms on which the landlord’s interest in the premises may be acquired to the extent that the terms have not been agreed or are not provided for by sections 32 and 33 of the Act.