sec.80Applying TSILA , pt 8 , div 4 (Home ownership leases)

sec.80 Applying TSILA , pt 8 , div 4 (Home ownership leases)

TSILA , part 8 , division 4 , subdivisions 2 and 4 apply to a lease to which this division applies as if the lease were a home ownership lease under TSILA . Subsection (1) applies to the lease even if it is not granted for residential use. For applying TSILA , section 94 , a relevant condition is any condition of the lease as provided for in part 8 of this Act if the lessor reasonably considers a breach of the condition is of a serious nature and warrants forfeiture of the lease. For applying TSILA , sections 95 (2) and 97 (1) (a) , written notice must be given additionally to any person holding a sublease over the lease. TSILA , part 8 , division 4 , subdivision 4 must be applied not only to improvements of the lessee but also to the holder, and improvements of the holder, of any sublease over the lease, and for that purpose, a reference in the subdivision to the lease land is a reference to the land the subject of the sublease. Also, for applying TSILA , part 8 , division 4 , subdivision 4 , references to renewal of a lease may be ignored. For TSILA , section 107 (3) , the value of the lease land is the amount decided by the chief executive under this Act. s 80 amd 2014 No. 45 s 58 sch 1 pt 1 (sec.80-ssec.1) TSILA , part 8 , division 4 , subdivisions 2 and 4 apply to a lease to which this division applies as if the lease were a home ownership lease under TSILA . (sec.80-ssec.2) Subsection (1) applies to the lease even if it is not granted for residential use. (sec.80-ssec.3) For applying TSILA , section 94 , a relevant condition is any condition of the lease as provided for in part 8 of this Act if the lessor reasonably considers a breach of the condition is of a serious nature and warrants forfeiture of the lease. (sec.80-ssec.4) For applying TSILA , sections 95 (2) and 97 (1) (a) , written notice must be given additionally to any person holding a sublease over the lease. (sec.80-ssec.5) TSILA , part 8 , division 4 , subdivision 4 must be applied not only to improvements of the lessee but also to the holder, and improvements of the holder, of any sublease over the lease, and for that purpose, a reference in the subdivision to the lease land is a reference to the land the subject of the sublease. (sec.80-ssec.6) Also, for applying TSILA , part 8 , division 4 , subdivision 4 , references to renewal of a lease may be ignored. (sec.80-ssec.7) For TSILA , section 107 (3) , the value of the lease land is the amount decided by the chief executive under this Act.