Paragraph 31

In section 149^f1 (change of landlord after notice claiming right), for subsection (1), substitute—

“(1)

Where, after a secure tenant has given a notice claiming to exercise the right to acquire on rent to mortgage terms, the interest of the landlord, an intermediate landlord or the freeholder in the dwelling-house passes from it to another person, or the interest comes to an end—

(a)

the landlord, intermediate landlord or the freeholder, as the case may be, shall forthwith notify its tenant of the change and a landlord or intermediate landlord shall similarly notify its landlord,

(b)

an intermediate landlord so notified by its tenant shall, in turn, similarly notify its immediate landlord or, if so notified by its landlord, shall similarly notify its tenant, and

(c)

subject to subsection (2), all parties shall be in the same position as if the change had occurred before the notice claiming to exercise the right to acquire on rent to mortgage terms was given and all other notices given had been given by or to the appropriate parties and all steps had been taken by them.”.