Paragraph 3 Condition B: a tenancy renewal arrangementF1

Condition B is met if the tenant under the existing tenancy is a party to a tenancy renewal arrangement.

In this Schedule—

• “new tenancy” means a new tenancy of the whole or a part of the relevant premises;

• “tenancy renewal arrangement” means an arrangement under which the tenant under the existing tenancy—

  1. (a)

     can require the landlord or another person to grant a new tenancy, or

  2. (b)

     can be required by the landlord or another person to take a new tenancy.