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1. These regulations may be cited as the Housing Investment Trusts (Assured Tenancies) Regulations (Northern Ireland) 1996 and shall come into operation on 13th January 1997.
2.—(1) Subject to paragraph (2), a tenancy under which a dwelling house (which may be a house or part of a house) is let as a separate dwelling is an assured tenancy if and so long as:—
(a)the tenancy is not a statutory or protected tenancy within the meaning of The Rent (Northern Ireland) Order 1978(1);
(b)the term of the tenancy is fixed for a period of not less than 6 months and 2 months' notice for possession is required after the expiry of the initial fixed term;
(c)the tenant or, as the case may be, each of the joint tenants is an individual; and
(d)the tenant or, as the case may be, at least one of the joint tenants occupies the dwelling-house as his only or principal home.
(2) A tenancy cannot be an assured tenancy if it falls within any paragraph in the Schedule.
Sealed with the Official Seal of the Department of the Environment for Northern Ireland on 19th November 1996.
L.S.
J. McCormick
Assistant Secretary
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