SCHEDULE 12CONVERSION OF TENANCIES AND LICENCES EXISTING BEFORE COMMENCEMENT OF CHAPTER 3 OF PART 10
Variation
F113B.
Section 123 (variation of rent) does not apply to a converted contract that is a periodic standard contract F2under which the landlord is a private landlord and which immediately before the appointed day—
(a)
was an assured tenancy but not an assured shorthold tenancy, and
(b)
contained a term which made provision about variation of the rent under the tenancy or licence.