§ 35 — Saving and transitional provisions

35.—(1) Despite the definition of “qualifying lease” in section 2(1) read with section 2(5), this Act does not apply to an extension or a renewal of a lease (whether or not the extension or renewal is by virtue of the exercise of an option to extend or renew in the original lease) if —(a)

the original lease was signed by the landlord and tenant before the date of commencement of Part 3;

(b)

the terms of the extension or renewal were agreed between the landlord and tenant at the time the lease agreement for the original lease was signed; and

(c)

the terms mentioned in paragraph (b) remain unchanged throughout the extension or renewal.

(2) For a period of 2 years after the date of commencement of any provision of this Act, the Minister may, by regulations, prescribe such provisions of a saving or transitional nature consequent on the enactment of that provision as the Minister may consider necessary or expedient.

(3) Any regulation under subsection (2) may be made to operate retrospectively to any date, not being a date earlier than the commencement of the provision of this Act in relation to which the regulation is made.

—(1) Despite the definition of “qualifying lease” in section 2(1) read with section 2(5), this Act does not apply to an extension or a renewal of a lease (whether or not the extension or renewal is by virtue of the exercise of an option to extend or renew in the original lease) if —(a)

the original lease was signed by the landlord and tenant before the date of commencement of Part 3;

(b)

the terms of the extension or renewal were agreed between the landlord and tenant at the time the lease agreement for the original lease was signed; and

(c)

the terms mentioned in paragraph (b) remain unchanged throughout the extension or renewal.

(2) For a period of 2 years after the date of commencement of any provision of this Act, the Minister may, by regulations, prescribe such provisions of a saving or transitional nature consequent on the enactment of that provision as the Minister may consider necessary or expedient.

(3) Any regulation under subsection (2) may be made to operate retrospectively to any date, not being a date earlier than the commencement of the provision of this Act in relation to which the regulation is made.