27Penalty for holding over by life tenant

27 Penalty for holding over by life tenant (1) If a tenant for life or lives, or a person who is in or comes into possession of land by, from or under the tenant or by collusion with the tenant, wilfully holds over any land after: (a) termination of the tenancy; and (b) demand has been made and written notice given by the person to whom the remainder or reversion of the land belongs or the person's agent lawfully authorised for the delivery of possession of the land, the person holding over is liable to pay to the person kept out of possession of the land rent at the rate of double the market rent for the land detained for and during the time the person holds over or keeps the person entitled out of possession. (2) Rent payable under subsection (1) is recoverable by proceedings in a court of competent jurisdiction.