The Property (Northern Ireland) Order 1997 No. 1179 (NI. 8)

SCHEDULES

SCHEDULE 2 N.I. CONSEQUENCES OF CONVERSION OF PERPETUALLY RENEWABLE LEASES

Sub-leases not perpetually renewable N.I.

4.  Sub-leases not coming within Article 36(5) continue to have effect, and, in the case of a sole sub-lease or, where there are two or more sub-leases, in the case of the more or most superior of them, does so as though created out of the fee simple. N.I.