SCHEDULE 8 Remediation Costs under Qualifying Leases etc

SCHEDULE 8 Remediation Costs under Qualifying Leases etc

Section 122

Interpretation

1

(1)     In this Schedule—

“associated”: see section 121;

“building safety risk” has the meaning given by section 120;

“joint venture” includes a partnership (as defined by section 121);

“prescribed” means prescribed by regulations made by the Secretary of State;

“qualifying lease”: see section 119;

“the qualifying time” has the same meaning as in section 119;

“relevant building”: see section 117;

“relevant defect”: see section 120;

“relevant measure”, in relation to a relevant defect, means a measure taken—

(a)     to remedy the relevant defect, or

(b)     for the purpose of—

(i)     preventing a relevant risk from materialising, or

(ii)     reducing the severity of any incident resulting from a relevant risk materialising;

[“relevant measure”, in relation to a relevant defect, means—

(a)     a measure taken to remedy the relevant defect, or

(b)     a relevant step taken in relation to the relevant defect;]

[“relevant step”: see section 120;]

“relevant risk” here means a building safety risk that arises as a result of the relevant defect;

“service charge” has the meaning given by section 18 of the Landlord

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