(1)This section applies to any relevant lease—
(a)granted before 10th August 1914; and
(b)stipulating for payment of a ground rent, or tack duty, of not more than £150 in respect of each year.
(2)In so far as any provision in a relevant lease to which this section applies—
(a)purports to terminate the lease, or to entitle the landlord to terminate it, in the event of a failure of the tenant to comply with any provision in the lease; or
(b)deems such a failure to be a material breach of contract, that provision is void.
(3)This section shall be deemed to have come into force on the relevant day.