SCHEDULES
SCHEDULE 7Right to manage: statutory provisions
1Covenants not to assign etc.
1
Section 19 of the Landlord and Tenant Act 1927 (c. 36) (covenants not to assign without approval etc.) has effect with the modifications provided by this paragraph.
2
Subsection (1) applies as if—
a
the reference to the landlord, and
b
the final reference to the lessor,
were to the RTM company.
3
Subsection (2) applies as if the reference to the payment of a reasonable sum in respect of any damage to or diminution in the value of the premises or neighbouring premises belonging to the landlord were omitted.
4
Subsection (3) applies as if—
a
the first and final references to the landlord were to the RTM company, and
b
the reference to the right of the landlord to require payment of a reasonable sum in respect of any damage to or diminution in the value of the premises or neighbouring premises belonging to him were omitted.