Where a lessee, who has the right under section 1 to obtain an extension of his leasehold estate in land or to acquire the fee simple in the land, has served a notice under section 2, the lessee shall after the lease has expired be entitled to hold, as tenant to his lessor, the land demised by the lease until either—
(a)he is granted an extension of his lease; or
(b)the fee simple is conveyed to him; or
(c)the lessor obtains an order under section 19 permitting him to resume possession of the land,
upon the same terms and conditions as those under which he held under the lease.
F1functions transf. 1982 NI 6