Full legislation
s.120AAY
Lapse of second term offer in certain circumstances
(1)
This section applies
if—
(a)
a second term offer for a subdivided
unit—
(i)
is made by the landlord to the tenant under
section 120AAS
;
or
(ii)
is taken to have been made by the landlord to the tenant under
section 120AAW
; and
(b)
the first term tenancy of the regulated cycle for the subdivided unit has
already been terminated before its expiry otherwise than by the landlord
enforcing by action a right of re-entry or forfeiture under
section
120AAZI(2
)(
b)
.
(2)
On the termination of the first term
tenancy—
(a)
the second term offer made by the landlord under
section 120AAS
lapses immediately and has no effect, and (if applicable) the tenant’s
acceptance of the offer under
section 120AAU
also has no effect;
and
(b)
the second term offer taken to have been made by the landlord under
section 120AAW
lapses immediately and has no effect, and the
tenant is not to be taken as having accepted the offer under that
section.