Section 9B — Landlord and Tenant Act 1987: Notice of withdrawal by landlord.

Notice of withdrawal by landlord. 9B 1 Where the landlord is obliged to proceed, he may serve notice on the nominated person (a “notice of withdrawal”) indicating his intention no longer to proceed with the disposal of the protected interest.

2 Where a notice of withdrawal is given by the landlord, he is not entitled to dispose of the protected interest during the period of 12 months beginning with the date of service of the notice.

3 If a notice of withdrawal is served before the end of the first four weeks of the nomination period specified in the offer notice, the landlord is not liable for any costs incurred in connection with the disposal by the nominated person and the qualifying tenants who served the acceptance notice.

4 If a notice of withdrawal is served after the end of those four weeks, the nominated person and the qualifying tenants who served the acceptance notice may recover from the landlord any costs reasonably incurred by them in connection with the disposal between the end of those four weeks and the time when the notice of withdrawal was served.

5 This section does not apply after a binding contract for the disposal of the protected interest—

a has been entered into by the landlord and the nominated person, or b has otherwise come into existence between the landlord and the nominated person by virtue of any provision of this Part.