sec.126

sec.126 Definition for part [SM, s 136 ]

In this part— unexpired term , of an engagement of a person as a service contractor or an authorisation of a person as a letting agent, includes the term of— a right or option of extension or renewal of the engagement or authorisation, whether provided for in the engagement or authorisation or subsequently approved by the body corporate; and a subsequent right or option, under section  130(2) or 131(2), for the engagement or authorisation.

• (a) a right or option of extension or renewal of the engagement or authorisation, whether provided for in the engagement or authorisation or subsequently approved by the body corporate; and
• (b) a subsequent right or option, under section  130(2) or 131(2), for the engagement or authorisation.