156Head leases involving social housing providers

156 Head leases involving social housing providers

156 Head leases involving social housing providers

(1) A residential tenancy agreement is exempted from the operation of this Act if—

(a) under the agreement, the landlord is a social housing provider (the head landlord) who lets the premises to a tenant who is a social housing provider, and

(b) the agreement is in writing and the agreement states that this section applies to the agreement.

(2) If the tenant ceases to be a social housing provider during the currency of the term of the residential tenancy agreement, the exemption under this section does not cease to have effect until 6 months after the date the tenant ceases to be a social housing provider.