sec.140Extension of term of lease if application for renewal

sec.140 Extension of term of lease if application for renewal

This section applies to a home ownership lease if— the lessee has applied to renew the lease under section 134 ; and before the lessor decides the application, the term of the lease would, but for subsection (2) , end. The term of the lease is taken to continue until notice of the lessor’s decision is given to the lessee under this subdivision. Subsection (2) applies to the lease despite the provisions of the lease and any other provision of this Act. s 140 ins 2011 No. 26 s 61 sub 2014 No. 45 s 12 (sec.140-ssec.1) This section applies to a home ownership lease if— the lessee has applied to renew the lease under section 134 ; and before the lessor decides the application, the term of the lease would, but for subsection (2) , end. (sec.140-ssec.2) The term of the lease is taken to continue until notice of the lessor’s decision is given to the lessee under this subdivision. (sec.140-ssec.3) Subsection (2) applies to the lease despite the provisions of the lease and any other provision of this Act.

• (a) the lessee has applied to renew the lease under section 134 ; and
• (b) before the lessor decides the application, the term of the lease would, but for subsection (2) , end.