After section 40 insert—

“40ZATenant extension notice

(1)

A tenant may give an extension notice to the landlord.

(2)

An extension notice—

(a)

must—

(i)

be given in writing,

(ii)

specify the extension period, which is to be a period of 30 days beginning on the day the extension notice is given,

(b)

may not be given—

(i)

more than once in relation to the same notice of diversification, or

(ii)

after the landlord has made an application notice to the Land Court under section 40A(2).

(3)

Subsection (4) applies where an extension notice is given—

(a)

before the landlord has sent a notice of objection under section 40(11), and

(b)

before the expiry of the period mentioned in section 40(12).

(4)

Where this subsection applies—

(a)

the references in paragraphs (a) and (b) of section 40(12) to a period of 60 days are to be read, in both cases, as if they were a reference to a period of 90 days,

(b)

the reference in section 40A(3) to the period of 60 days is to be read as if it were a reference to a period of 90 days.

(5)

Where an extension notice is given after the landlord has sent a notice of objection to the tenant under section 40(11), the reference in section 40A(3) to the period of 60 days is to be read as if it were a reference to a period of 90 days.”.