152Tenants etc. holding over to pay double market rent

152 Tenants etc. holding over to pay double market rent (1) If a person: (a) holds over leased premises after the lease or term in respect of the premises has determined and demand has been made and notice in writing has been given to the person for the delivery of possession of the premises by the lessor, landlord or person (or the person's lawfully authorised agent) to whom the remainder or reversion of the premises belongs; or (b) having given notice of intention to quit the premises at a specified time, does not deliver up possession of the premises at the specified time, the person is liable to pay to the person kept out of possession of the premises rent at the rate of double the market rent payable in respect of the premises for and during the time the person holds over. (2) Rent payable under subsection (1) is recoverable by proceedings in a court of competent jurisdiction.