434Lessee bound to accept confirmation

434 Lessee bound to accept confirmation (a) a person (the first person) is in possession of land under an invalid lease; and (b) someone else (the other person) is entitled, subject to the interest of the first person in the land, to possession of the land or to receipt of its rents and profits; and (c) the other person can confirm the lease without variation. (2) The first person (or a person deriving title to the lease under or from the first person), or anyone else who would have been bound by the lease if it had been valid, must, if asked by the other person, accept confirmation of the lease by the other person. (3) The confirmation may be made by a written memorandum or note signed by the other person and the person accepting the confirmation. (4) On the confirmation of the lease, the lease is taken to have been valid from the time it was granted. Leases invalidly granted under powers Part 4.6