sec.133Extension of term of lease if proposed forfeiture

sec.133 Extension of term of lease if proposed forfeiture

This section applies to a home ownership lease if— a proposed forfeiture of the lease has been referred to the Land Court; and after the referral but before the Land Court decides on the matter, the term of the lease would, but for subsection (2) , end. The term of the lease is taken to continue until— if the lease is forfeited—the forfeiture of the lease takes effect as mentioned in section 132 (3) ; or otherwise—the end of 60 days after the Land Court makes its decision. Subsection (2) applies to the lease despite the provisions of the lease and any other provision of this Act. s 133 ins 2011 No. 26 s 61 sub 2014 No. 45 s 12 (sec.133-ssec.1) This section applies to a home ownership lease if— a proposed forfeiture of the lease has been referred to the Land Court; and after the referral but before the Land Court decides on the matter, the term of the lease would, but for subsection (2) , end. (sec.133-ssec.2) The term of the lease is taken to continue until— if the lease is forfeited—the forfeiture of the lease takes effect as mentioned in section 132 (3) ; or otherwise—the end of 60 days after the Land Court makes its decision. (sec.133-ssec.3) Subsection (2) applies to the lease despite the provisions of the lease and any other provision of this Act.

• (a) a proposed forfeiture of the lease has been referred to the Land Court; and
• (b) after the referral but before the Land Court decides on the matter, the term of the lease would, but for subsection (2) , end.
• (a) if the lease is forfeited—the forfeiture of the lease takes effect as mentioned in section 132 (3) ; or
• (b) otherwise—the end of 60 days after the Land Court makes its decision.