1. “Shared ownership arrangements” means arrangements under a lease which:1Housing and Regeneration Act 2008 s 70(4)
- is granted on payment of a premium calculated by reference to a percentage of either the value of the accommodation or the cost of providing it, and
- provides that the tenant (or the tenant’s personal representatives) will or may be entitled to a sum calculated by reference to the value of the accommodation.
Notes [ + ]
|1.||↑||Housing and Regeneration Act 2008 s 70(4)|