(1)A farm business tenancy for a term of more than two years shall, instead of terminating on the term date, continue (as from that date) as a tenancy from year to year, but otherwise on the terms of the original tenancy so far as applicable, unless at least twelve months F1... before the term date a written notice has been given by either party to the other of his intention to terminate the tenancy.
(2)In subsection (1) above “the term date”, in relation to a fixed term tenancy, means the date fixed for the expiry of the term.
(3)For the purposes of section 140 of the M1Law of Property Act 1925 (apportionment of conditions on severance of reversion), a notice under subsection (1) above shall be taken to be a notice to quit.
(4)This section has effect notwithstanding any agreement to the contrary.
Textual Amendments
F1Words in s. 5(1) repealed (19.10.2006) by Regulatory Reform (Agricultural Tenancies) (England and Wales) Order 2006 (S.I. 2006/2805), arts. 1(1)(b), 13 (with art. 10)
Marginal Citations