Landlord and Tenant (Reversionary Leases) Act, 1958

Right of building lessee to a reversionary lease.

11.— (1) A building lessee, subject to section 15 of this Act and on obtaining the consent of every proprietary lessee who holds the land or any part of the land demised by the building lease, shall be entitled on application to obtain from his immediate lessor a reversionary lease of the land held by him under such building lease—

(a) not earlier than fifteen years before the expiration of his building lease, and

(b) not later than the expiration of the building lease or the expiration of three months from the service on him by his immediate lessor or any superior lessor of notice of the expiration of the building lease, whichever is the later.

(2) The notice referred to in paragraph (b) of subsection (1) of this section shall be a valid notice only if served not earlier than fifteen years before the expiration of the building lease.

(3) Where the building lessee excludes from his application for a reversionary lease any part of the land which has been subleased to a proprietary lessee, it shall not be necessary for him to obtain the consent of that proprietary lessee.