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PROPERTY LAW ACT 1974 - SECT 116
Apportionment of conditions on severance
116 Apportionment of conditions on severance
(1) Despite the severance by conveyance, surrender, or otherwise of the
reversionary estate in any land comprised in a lease, and despite the
avoidance or cesser in any other manner of the term granted by a lease as to
part only of the land comprised in the lease, every condition or
right of re-entry, and every other condition contained in the lease, shall be
apportioned, and shall remain annexed to the severed parts of the reversionary
estate as severed, and shall be in force with respect to the term on which
each severed part is reversionary, or the term in the part of the land as to
which the term has not been surrendered, or has not been avoided or has not
otherwise ceased, in like manner as if the land comprised in each severed
part, or the land as to which the term remains subsisting, as the case may be,
had alone originally been comprised in the lease.
(2) In this section—
"right of re-entry" includes a right to determine the lease by notice to quit
or otherwise, but where the notice is served by a person entitled to a severed
part of the reversion so that it extends to part only of the land demised, the
lessee may within 1 month determine the lease in regard to the rest of the
land by giving to the owner of the reversionary estate in it a counter notice
expiring at the same time as the original notice.
(3) This section applies
to— (a) leases made after the commencement of this Act; and
(b) leases made
before the commencement of this Act where the reversionary estate in the lands
comprised in the lease is severed or there is an avoidance or cesser of the
term as mentioned in this section after the commencement of this Act.
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