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Rights of lessees under certain expired leases.
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14.— Where
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(a) a lease expired within five years before the passing of this Act, and
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(b) the lessee is, at the passing of this Act, in possession of the land comprised in the expired lease under a yearly tenancy arising by implication from the acts of the parties or as a tenant at will or without obtaining a new tenancy, and
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(c) no person is, immediately before the passing of this Act, entitled to a reversionary lease in respect of the land under the Act of 1931,
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then, the lessee shall, during twelve months after the passing of this Act, have the same rights in relation to obtaining a reversionary lease as he would have had within fifteen years before the expiration of the expired lease if this Act had been then in force.
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