§
Resolution reported,
That, if provision is made by any Act of the present Session to enable tenants of residential property to acquire the freehold, then any conveyance of a reversionary interest required to be made for that purpose shall for purposes of Part III of the Land Commission Act 1967 be treated as a conveyance on sale or assignment on sale of that interest, and the price payable for the interest shall be treated as a consideration payable in respect of the disposition of the interest, and betterment levy shall be chargeable accordingly.
§ Resolution read a Second time.
§ Question, That this House doth agree with the Committee in the said Resolution, put forwith, pursuant to Standing Order No. 90 (Ways and Means, Motions and Resolutions), and agreed to.