division_name: Leasehold Reform (Ground Rent) Bill [Lords] &#8212; New Clause 1 - Ground rent for existing long leases
motion: <p class="indent" pid="c794.3/1" pwmotiontext="yes">&#8220;Within 30 days of the day on which this Act comes into force, the Secretary of State must publish draft legislation to restrict ground rents on all existing long residential leases to a peppercorn.&#8221;&#8212;(Mike Amesbury.)</p>
  
  <p class="indent" pid="c794.5/7" pwmotiontext="yes">This amendment seeks to avoid retirement developments where properties are on the market, but not fully sold by the time the Act comes into force for retirement properties, needing to have two lease types within one building, some paying ground rents and others funding the development of communal areas by another method.</p>