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Part IXE+W Premiums, Etc.

Modifications etc. (not altering text)

123 Excessive price for furniture to be treated as premium.E+W

Where the purchase of any furniture has been required as a condition of the grant, renewal, continuance or assignment—

(a)of a protected tenancy, or

(b)of rights under a restricted contract which relates to premises falling within section 122(1) of this Act,

then, if the price exceeds the reasonable price of the furniture, the excess shall be treated, for the purposes of this Part of this Act, as if it were a premium required to be paid as a condition of the grant, renewal, continuance or assignment of the protected tenancy or, as the case may be, the rights under the restricted contract.