make provision requiring landlords exercising a right of forfeiture or re-entry in relation to a property subject to a long lease to account to the tenant for the tenant’s equity in that property and to hold the tenant’s equity on trust; to restrict the landlord’s right to legal and administrative costs; and for connected purposes.
The Leasehold Reform (Forfeiture) Bill [HL] was a Lords Private Members' Bill tabled by Lord Young of Cookham.
Is this Bill currently before Parliament?No. This Bill is not under active consideration by Parliament, as it was introduced during the previous 2022-23 Session.
Whose idea is this Bill?As a Private Members' Bill, this Bill represents the individual initiative of an Member of the House of Lords (Lord Young of Cookham), not the Government.
What type of Bill is this?Lords Private Members' Bills can be tabled by any member, at any time during the Session. A number of Lords may win ballot slots to receive precedence in the Lords.
So is this going to become a law?No. This Bill did not complete it's passage before the Session completed and is no longer before Parliament. However, it may have been re-introduced under a similar name in a subsequent Session.
How can I find out exactly what this Bill does?The most straightforward information is contained in the initial Explanatory Notes for the Bill.
Would you like to know more?See these Glossary articles for more information: Private Members Bill, Process of a Bill
Official Bill Page Initial Explanatory Notes
Next Event: There is no future stage currently scheduled for this bill
Last Event: Thursday 1st December 2022 - 1st reading (Lords)
Bill Progession through Parliament