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PART IIIN.I.GRANTS, &c. FOR RENEWAL OF PRIVATE SECTOR HOUSING

CHAPTER IN.I.INTRODUCTORY

N.I.

Interpretation of Part IIIN.I.

28.—(1) In this Part—

(2) Subject to paragraph (3) a tenancy is a long tenancy for the purposes of this Part if—

(a)it is a tenancy granted for a term certain exceeding 21 years, whether or not it is (or may become) terminable before the end of that term by a notice given by or to the tenant or by re-entry, forfeiture or otherwise; or

(b)it is a tenancy granted under an equity-sharing lease within the meaning of Article 31(6) of the Order of 1981.

(3) A tenancy is not a long tenancy for those purposes if it is an interest created by way of security and liable to termination by the exercise of a right of redemption or otherwise.

(4) In this Part references to a person being connected with the owner of a dwelling shall be construed in accordance with Article 31.