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Temporary extension of right to reversionary lease.
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4.—(1) Where—
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(a) after the 13th day of November, 1980, and before the commencement of this Act a person was entitled to obtain a reversionary lease of land under Part III of the Act of 1980, and
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(b) at that commencement he is no longer so entitled by virtue of section 31 of the Act of 1980 but is in possession of the land without having obtained a new tenancy and without having acquired the interest in the land of the immediate lessor,
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that person shall during the twelve months after that commencement have the same right to obtain a reversionary lease as he would have had if his lease had not expired, and section 40 of that Act shall apply accordingly.
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(2) A reversionary lease granted by virtue of subsection (1) shall commence on the expiration of the lease to which it is reversionary or on such other date as may be agreed upon between the parties.
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Sporting Leases
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