- Latest available (Revised)
- Original (As enacted)
This is the original version (as it was originally enacted).
(1)Where—
(a)as a result of one or more assignments a person is the tenant of part only of the premises demised by a tenancy, and
(b)under a proviso or stipulation in the tenancy there is a right of re-entry or forfeiture for a breach of a tenant covenant of the tenancy, and
(c)the right is (apart from this subsection) exercisable in relation to that part and other land demised by the tenancy,
the right shall nevertheless, in connection with a breach of any such covenant by that person, be taken to be a right exercisable only in relation to that part.
(2)Where—
(a)a company which is being wound up, or a trustee in bankruptcy, is as a result of one or more assignments the tenant of part only of the premises demised by a tenancy, and
(b)the liquidator of the company exercises his power under section 178 of the [1986 c. 45.] Insolvency Act 1986, or the trustee in bankruptcy exercises his power under section 315 of that Act, to disclaim property demised by the tenancy,
the power is exercisable only in relation to the part of the premises referred to in paragraph (a).
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: