Landlord and Tenant (Amendment) Act, 1971

Leases deemed to be building leases.

8.—(1) Where a lease was granted in renewal of a lease which expired or was surrendered before the 31st day of March, 1931, and which, if the Act of 1958 were then in force, would have been a building lease or a proprietary lease within the meaning of that Act, and that renewed lease or new lease, as the case may be, was granted—

(a) to the person entitled to the lessee's interest under the expired or surrendered lease, or

(b) at a rent less than the rateable valuation of the property at the date of the granting of the renewed or new lease,

such renewed or new lease shall be deemed to be a building lease within the meaning of the Act of 1958.

(2) Section 10 of the Act of 1958 is hereby repealed.