116Termination of lease or licence

116 Termination of lease or licence (1) The Authority may terminate a lease or licence by giving the required notice of termination to the lessee or licensee. (2) The required notice of termination is not less than— (a) 60 business days in respect of land used as the lessee's or licensee's principal place of residence; or (b) 20 business days in any other case. (3) A lease or licence may be terminated earlier with the agreement of the lessee or licensee. (4) The Authority is entitled to enter into possession of the land on the termination of the lease or licence. (5) This section applies despite anything to the contrary in the lease or licence.